40(a)(ia) TDS default based on opinion of CA was bona fide mistake , No Penalty
Question: Where assessee-company made payment to a foreign company without deduction of tax at source on basis of certificate issued by Chartered Accountant, same was a bona fide mistake and hence, assessee was not liable to penalty for concealment of income ? Answer Yes, When it was found that Chartered Accountant had given a certificate to… Read More »