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

Penalty for Failure to Deduct TDS on FDR Interest u/s 271C Deleted Due to Reasonable Cause.

February 9, 2018

Case Laws Income Tax AT

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 ...

Penalty for Failure to Deduct TDS on FDR Interest u/s 271C Deleted Due to Reasonable Cause.

February 9, 2018

Case Laws Income Tax AT

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