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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Penalty u/s 271C - Short deduction of tax at source (TDS) in ...

Case Laws     Income Tax

March 16, 2018

Penalty u/s 271C - Short deduction of tax at source (TDS) in respect of Brand fee paid - The argument of the assessee that short deduction does not cause loss to the revenue is not a reasonable explanation and it shows the willful default of the assessee for short deduction - AT

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