Levy of penalty u/s 221 - reasonable cause for non compliance - ...
Court Rules No Penalty u/s 221 of Income Tax Act Due to Valid Reasons for TDS Non-Compliance.
August 7, 2017
Case Laws Income Tax HC
Levy of penalty u/s 221 - reasonable cause for non compliance - the assessee had shown good and sufficient reasons for not deducting tax at source (TDS) within the prescribed time - No penalty - HC
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