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Income Tax - Highlights / Catch Notes

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TDS u/s 192 - non deduction of TDS on Cash medical benefit to ...

Income Tax

February 9, 2021

TDS u/s 192 - non deduction of TDS on Cash medical benefit to employees - treating the assessee as, “assessee in default" - time limit for issue of notice u/s 201 - the belief of the assessee on that point was bona fide. Since the estimate made by the assessee has been held to be honest and bona fide, the assessee could not be treated as “assessee in default” - AT

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