TMI BlogPenalty u/s 271C - reasonable cause for non deduction of TDS u/s 194H - assessee has reasonable cause...Penalty u/s 271C - reasonable cause for non deduction of TDS u/s 194H - assessee has reasonable cause for non deduction of tax at source on the discount allowed to the prepaid distributor as there are decisions of the Hon’ble High Courts and Tribunal taking diverse views - debatable issue - no penalty ..... X X X X Extracts X X X X X X X X Extracts X X X X
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