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Penalty for delay in filing of TDS return couldn’t be levied if there was difficulty in obtaining PANs of deductees

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  • Penalty for delay in filing of TDS return couldn’t be levied if there was difficulty in obtaining PANs of deductees
Posted onon July 20, 2017

Tenet Tax Daily July 19 2017

By tenettax-team
Corporate Tax

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Income-tax Act doesn’t have any provision to condone delay in filing rectification application: Bangalore ITAT
No business profits arose on sale of property just because property development objective was given in MOA of Co.

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