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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Penalty u/s 271C - delay in deposit of the TDS in the Government ...


No Penalty for Late TDS Deposit if Payment Made: Section 271C Does Not Apply in Such Cases.

April 1, 2020

Case Laws     Income Tax     AT

Penalty u/s 271C - delay in deposit of the TDS in the Government account - where the assessee has made payment of TDS though late, he cannot be held to be in default and so, there is no question of levy of penalty under section 271C

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