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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Default u/s 201(1) - failure to deduct TDS - liability to pay ...


Court Upholds Interest Liability for TDS Failures u/s 201(1A) Despite Nil or Loss Returns by Payee.

December 30, 2016

Case Laws     Income Tax     HC

Default u/s 201(1) - failure to deduct TDS - liability to pay interest u/s 201(1A) if the payee of such amounts has files a nil return or a return showing a loss - assessee is not permitted to decide for itself what the liability of the deductee assessee is or is likely to be - demand of interest confirmed - HC

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