Penalty u/s 271C - assessee had failed to deduct TDS on interest ...

Case Laws Income Tax

February 9, 2018

Penalty u/s 271C - assessee had failed to deduct TDS on interest paid on FDRs and to deposit the same - the assessee is found to have had reasonable cause for not deducting the tax at source. The penalty levied is, accordingly, deleted. - AT

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Penalty u/s 271C - assessee had failed to deduct TDS on interest ...

Case Laws Income Tax

February 9, 2018

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