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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Effect of amendment to section 272A(2) - Penalty for TDS return ...


Court Rules TDS Penalty Must Align with Law at Offense Time, Confirms Tribunal and High Court Interpretation.

January 3, 2015

Case Laws     Income Tax     HC

Effect of amendment to section 272A(2) - Penalty for TDS return default - The Tribunal rightly observed that the quantum of penalty must be determined by reference to the law as it stood when the offence or default was committed - HC

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