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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Penalty u/s 271(l)(c) - TDS not been deducted on the interest ...

Case Laws     Income Tax

October 10, 2018

Penalty u/s 271(l)(c) - TDS not been deducted on the interest payments - bonafide mistake - The penalty under the provision is a civil liability. Willful concealment is not an essential ingredient for attracting civil liability

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