Complying with binding interim High Court directions protects against TDS default, interest, and penalty.
Complying with binding interim High Court directions protects against TDS default, interest, and penalty. Issue Whether an employer-bank can be treated as an “assessee in default” under Section 201(1), charged interest under Section 201(1A), or penalized under Section 271C for non-deduction of tax at source under Section 192 on Leave Fare Concession (LFC) reimbursements during… Read More »