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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Levy of penalty u/s 271C - non deduction of tds - payees of ...


No Penalty for Non-Deduction of TDS: Payments Declared in Returns, No Default u/s 271C.

June 11, 2016

Case Laws     Income Tax     AT

Levy of penalty u/s 271C - non deduction of tds - payees of incomes had declared the payments in their income tax return and that is why order u/s 201(1) has not been passed and if the order u/s 201(1) has not been passed the assessee cannot be said to be assessee in default - No penalty - AT

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