Penalty levied u/s 271C - transaction between the assessee and ...

No TDS Deduction Required: Transaction on Principal-to-Principal Basis Excludes Penalty u/s 271C for Assessee.

March 7, 2017

Case Laws Income Tax AT

Penalty levied u/s 271C - transaction between the assessee and M/s. MMTC is on principal to principal basis and hence the assessee is not liable to deduct TDS u/s 194H/194J - No penalty - AT

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Penalty levied u/s 271C - transaction between the assessee and ...

No TDS Deduction Required: Transaction on Principal-to-Principal Basis Excludes Penalty u/s 271C for Assessee.

March 7, 2017

Case Laws Income Tax AT

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