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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Low or Non-deduction of Tax at source certificate u/s 197 – when ...


Certificate u/s 197: No Default for Assessee if Tax is Paid, But Interest u/s 201(1A) Applies.

August 25, 2014

Case Laws     Income Tax     AT

Low or Non-deduction of Tax at source certificate u/s 197 – when tax was paid by the deductee, the assessee shall not be held to be in default, but the interest u/s 201(1A) of the Act is mandatory - AT

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