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No penalty on late filing of TDS return if tax was deducted and deposited in time: Delhi ITAT

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  • No penalty on late filing of TDS return if tax was deducted and deposited in time: Delhi ITAT
Posted onon November 9, 2018

Tenet Tax Daily October 31 2018

By tenettax-team
Corporate Tax

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ITAT upheld concealment penalty as non-deduction of TDS wasn’t a bona fide belief for non-taxability of income
Sec. 89 relief is available in respect of arrears of perquisites: ITAT

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