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Income Tax - Highlights / Catch Notes

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Penalty u/s 271C - non deduction of tds - Since the assessee has ...

Income Tax

June 4, 2018

Penalty u/s 271C - non deduction of tds - Since the assessee has filed the certificates of the recipients with proof that the recipients have offered the income to tax in their hands, the assessee shall not be treated as an “assessee in default” u/s 201(1) of the Act - No Penalty - AT

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