Levy of penalty u/s 221 - Delay in the remittance of TDS to the ...
No Penalty for Delayed TDS Remittance Due to Cash Crunch, Section 221 Considered, Explanation Accepted.
December 23, 2015
Case Laws Income Tax AT
Levy of penalty u/s 221 - Delay in the remittance of TDS to the Government (TDS) Account - the explanation of the assessee that on account of cash crunch, remittance of TDS into Government account could not be made has not been rebutted - no penalty - AT
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