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Income Tax - Highlights / Catch Notes

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Penalty u/s 271C - non deduction of tds - when the TDS had to be ...

Income Tax

August 5, 2016

Penalty u/s 271C - non deduction of tds - when the TDS had to be deducted the question whether TDS had to be deducted under Section 194-C or 194-I of the Act was not a settled one. This explains why the CBDT itself had to issue circulars clarifying the position. Even this Court was persuaded to again frame a question on the issue in its order dated 5th September 2005. - no penalty - HC

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