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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Penalty u/s 271C - non deduction of tds - Since the assessee has ...

Case Laws     Income Tax

June 4, 2018

Penalty u/s 271C - non deduction of tds - Since the assessee has filed the certificates of the recipients with proof that the recipients have offered the income to tax in their hands, the assessee shall not be treated as an “assessee in default” u/s 201(1) of the Act - No Penalty - AT

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