Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Failure to remit tax under Chapter XIX-B or meet section 393 notes leads to three-seven years imprisonment and fine</h1> A person who fails to remit tax deducted or collected under Chapter XIX-B, or to pay or ensure payment required under the specified notes to section 393, commits an offence punishable by rigorous imprisonment of not less than three months and up to seven years, and a fine. The provision does not apply if the tax in question is paid to the Central Government on or before the time prescribed for filing the relevant statement under section 397(3)(b).