![Mere belated TDS Remittance wont attract Penalty u/s 271C of Income Tax Act: SCÂ [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/04/TDS-Penalty-u-s-271C-Income-Tax-Act-SC-TAXSCAN.jpg "Mere belated TDS Remittance wont attract Penalty u/s 271C of Income Tax Act: SCÂ [Read Judgement]")
Mere belated TDS Remittance won't attract Penalty u/s 271C of Income Tax Act: SCÂ [Read Judgement]
The Supreme Court (SC) of India has held that mere belated TDS remittance won't attract a penalty under section 271C of the Income Tax Act, 1961. ...
![Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/TDS-Statement.jpg "Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]")
DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]
Visakhapatnam bench of Income Tax Appellate Tribunal (ITAT) recently held that Drawing & Disbursing Officer (DDO) is liable to deduct Tax Deducted at Source (TDS) whereas District Medical &...
![DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/DMO-Taxscan.jpg "DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]")
TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that credit of Tax Deducted at Source (TDS) can be allowed only in the year in which the income or receipt on which TDS is...
![TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]")
No TDS when Transport Charges are initially incurred by the Suppliers and Subsequently Reimbursed by Assessee: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that when transport charges are initially incurred by the suppliers and subsequently reimbursed by the assessee there is no need of...
ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving additions of Rs. 2.31 crore back to the Assessing Officer (AO) for fresh adjudication, citing the need for...
![ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-ITAT-Chennai-taxscan.jpg "ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]")