TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Taxpayer must pay income tax directly when withholding isn't done; deductors who fail are assessee-in-default under Section 201</h1> Where no provision requires tax withholding at payment or tax has not been deducted as required, the taxpayer must pay the income tax directly. If the taxpayer receives specified securities or sweat equity from a current employer that is an eligible start-up, direct payment follows the special procedure applicable to such allotments or transfers. A person obliged to deduct tax (including an employer or principal officer) who fails to deduct or to remit deducted tax, and where the taxpayer also fails to pay, will be treated as an assessee in default and liable for consequences under the Act.
TaxTMI 
TaxTMI 
