Tag Archives: Default in payment of Advance Tax Salary

Salary Income -No Interest for defaults in payment of Advance Tax : Supreme Court

By | March 20, 2019

Held The provisions relating to payment of advance tax is contained in Part ‘C’ and interest thereon in Part ‘F’ of Chapter VII of the Act. In cases where receipt is by way of salary, deductions under Section 192 of the Act [i.e TDS ] is required to be made. No question of payment of… Read More »