Tax Deducted at Source liability may attract interest, penalties and potential imprisonment for non-remittance by the deductor. Failure to remit Tax Deducted at Source retained for personal use breaches the deductor's remittance obligation; non-deposit within the stipulated time ... Summary
Tax Deducted at Source liability may attract interest, penalties and potential imprisonment for non-remittance by the deductor.
Failure to remit Tax Deducted at Source retained for personal use breaches the deductor's remittance obligation; non-deposit within the stipulated time attracts interest, penalties and exposure to criminal liability, including possible rigorous imprisonment for up to seven years.
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