Delay in penalty show-cause notice and non-deduction on Section 69C disallowances invalidates Section 271C penalty.
Delay in penalty show-cause notice and non-deduction on Section 69C disallowances invalidates Section 271C penalty. Issue Whether an inordinate, unexplained delay of 18 months by the competent authority in issuing a first show-cause notice after receiving a reference renders the penalty order under Section 271C unsustainable. Whether penalty under Section 271C for non-deduction of TDS… Read More »