TMI BlogPenalty levied u/s 271C - transaction between the assessee and M/s. MMTC is on principal to principal...Penalty levied u/s 271C - transaction between the assessee and M/s. MMTC is on principal to principal basis and hence the assessee is not liable to deduct TDS u/s 194H/194J - No penalty - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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