Tax deduction by bank before close of financial year do not absolve penalty u/s 271C
November 21, 2018
High Courts, Income Tax
Tax deduction by bank before close of financial year would not absolve penalty u/s 271C for non deduction of TDS if there was no reasonable cause to permit exemption u/s 273 B – High Court ABCAUS Case Law Citation: ABCAUS 2642 (2018) (11) HC The appellant bank had …