Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Failure to collect tax at source triggers a penalty equal to the unpaid tax, imposed by the assessing officer. Failure to collect tax at source creates a penalty equal to the tax not collected; the penalty is to be imposed by the Assessing Officer following the ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Failure to collect tax at source triggers a penalty equal to the unpaid tax, imposed by the assessing officer.
Failure to collect tax at source creates a penalty equal to the tax not collected; the penalty is to be imposed by the Assessing Officer following the statutory amendment, replacing prior imposition by the Joint Commissioner.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.