Supreme Court Clarifies Penalty for Late TDS Remittance Under Section 271C of the Income Tax Act

/ C.T. Ravikumar, Income Tax Act, 1961, Income Tax Act, 1961 with Section 201(1A), Income Tax Act, 1961 with Section 271C, Income Tax Act, 1961 with Section 276B, Judges, M.R. Shah

Supreme Court Clarifies Penalty for Late TDS Remittance Under Section 271C of the Income Tax Act LEGAL ISSUE: Whether penalty under Section 271C of the Income Tax Act, 1961 can be levied for the belated remittance of Tax Deducted at Source (TDS). CASE TYPE: Income Tax Law Case Name: M/s US Technologies International Pvt. Ltd. […]

Supreme Court Clarifies Penalty for Late TDS Remittance Under Section 271C of the Income Tax Act Read Post »