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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Penalty u/s 271C - non-remittance of TDS deducted to the ...


Penalty u/s 271C Upheld for Failure to Remit TDS to Government Account Without Satisfactory Explanation.

August 10, 2019

Case Laws     Income Tax     AT

Penalty u/s 271C - non-remittance of TDS deducted to the Government account - assessee has not given any satisfactory explanation either before the AO nor before the CIT(A) and even not before ITAT - penalty provisions u/s 271C are applicable not only failure to deduct tax but also failure to remit the tax deducted to the Government account - penalty upheld

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