https://www.taxtmi.com/circulars?id=10529 Penalty for failure to deduct tax at source is imposed where whole or part of tax required to be deducted is not deducted, subject to affording the assessee a reasonable opportunity of being heard and consideration of conditions for waiver or reduction. Prosecution for false verification of TDS returns is to be examined based on voluntariness of any revised return and payment of tax with penal interest. Prosecution for failure to pay deducted tax to the Government may be initiated for non-payment of collected TDS, subject to applicable procedural safeguards. en-us Tue, 08 Jun 1999 00:00:00 +0530 Wed, 15 Jun 2011 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10529 Penalty for failure to deduct tax at source is imposed where whole or part of tax required to be deducted is not deducted, subject to affording the assessee a reasonable opportunity of being heard and consideration of conditions for waiver or reduction. Prosecution for false verification of TDS returns is to be examined based on voluntariness of any revised return and payment of tax with penal interest. Prosecution for failure to pay deducted tax to the Government may be initiated for non-payment of collected TDS, subject to applicable procedural safeguards. Circulars Income Tax Tue, 08 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10529