Penalty u/s 271C - reasonable cause for non deduction of TDS u/s ...
Income Tax
July 12, 2019
Penalty u/s 271C - reasonable cause for non deduction of TDS u/s 194H - assessee has reasonable cause for non deduction of tax at source on the discount allowed to the prepaid distributor as there are decisions of the Hon’ble High Courts and Tribunal taking diverse views - debatable issue - no penalty
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