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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Levy of interest u/s 234B - when a duty is cast on the payer to ...


Payee Not Liable for Interest if Payer Fails to Deduct Tax at Source u/s 234B of Income Tax Act.

August 21, 2018

Case Laws     Income Tax     AT

Levy of interest u/s 234B - when a duty is cast on the payer to deduct tax at source, on failure of the payer to do so, no interest can be imposed on the payee under Section 234B of the Act.

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