TMI Blogtds not depositedX X X X Extracts X X X X X X X X Extracts X X X X ..... tds not deposited X X X X Extracts X X X X X X X X Extracts X X X X ..... ven to the party and tds also deducted in the books but payment has not been done to the party? Reply By CA GOPALJI AGRAWAL: The Reply: Penalty for the same is prescribed u/s 271C which is equal to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amount of tax deductible. The assessee would be treated in default and liable to tax and interest. Please also note that the law stipulate the prosecution also. X X X X Extracts X X X X X X X X Extracts X X X X ..... g ..... X X X X Extracts X X X X X X X X Extracts X X X X
|