Failure to remit deducted tax: no prosecution if payment credited before TDS statement filing deadline. A proviso to section 276B provides that its penal provisions will not apply if the tax deducted at source has been paid to the credit of the Central Government at any time on or before the time prescribed for filing the statement under sub section (3) of section 200, thereby exempting timely credited payments from criminal liability; effective 1 October 2024.
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.
Provisions expressly mentioned in the judgment/order text.
Failure to remit deducted tax: no prosecution if payment credited before TDS statement filing deadline.
A proviso to section 276B provides that its penal provisions will not apply if the tax deducted at source has been paid to the credit of the Central Government at any time on or before the time prescribed for filing the statement under sub section (3) of section 200, thereby exempting timely credited payments from criminal liability; effective 1 October 2024.
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