Non deduction of TDS - Levy of interest u/s 201(1A) is ...

Interest Levied Automatically for TDS Non-Deduction; Penalty u/s 271C Requires Officer's Discretion Per Section 273B.

September 10, 2012

Case Laws Income Tax AT

Non deduction of TDS - Levy of interest u/s 201(1A) is automatic, however it is not so in case of imposition of penalty u/s 271C. Section 273B provides a discretion to the AO towards imposition of penalty u/s 271C - AT

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Non deduction of TDS - Levy of interest u/s 201(1A) is ...

Interest Levied Automatically for TDS Non-Deduction; Penalty u/s 271C Requires Officer's Discretion Per Section 273B.

September 10, 2012

Case Laws Income Tax AT

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