Penalty 271C

  • Income Tax

No Penalty leviable u/s 271C on mere delay in remittance of TDS after deduction – Supreme Court

No Penalty leviable u/s 271C on mere delay in remittance/deposit of the TDS after deduction subject to provisions of Section…

1 year ago
  • Income Tax

Show Cause Notice, Order and Penalty passed during lockdown period quashed

Show Cause Notice, Order and Penalty passed during lockdown period quashed as assessee had no opportunity to explain the case.…

4 years ago
  • Income Tax

Tax deduction by bank before close of financial year do not absolve penalty u/s 271C

Tax deduction by bank before close of financial year would not absolve penalty u/s 271C for non deduction of TDS…

5 years ago
  • Income Tax

Limitation us 275 imposing penalty starts from date of initiation by AO though it is imposable by Addl/JCIT. Penalty us 272A(2)(k), 271C held time barred

Limitation us 275 imposing penalty starts from the date of initiation by the Assessing Officer though it is imposable by…

8 years ago
  • Income Tax

Penalty us 271C-Contumacious conduct of assessee necessary to be established before penalty for failure to deduct tax (TDS) can be imposed-Supreme Court

Penalty us 271C-Contumacious conduct of assessee necessary to be established before penalty for failure to deduct tax at source (TDS)…

8 years ago