https://www.taxtmi.com/news?id=11767 Willful failure to remit tax deducted at source and failure to furnish TDS certificates constitute criminal offences under the Income Tax Act. The company deducted tax from salaries, dividends and contractor payments but did not deposit the amounts within the prescribed time and failed to issue required certificates. The managing director, as the responsible officer, was prosecuted under the penal provisions for TDS non-deposit and failure to provide certificates and was sentenced to imprisonment and fined for those offences. en-us Fri, 27 Sep 2013 11:34:01 +0530 Fri, 27 Sep 2013 11:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11767 Willful failure to remit tax deducted at source and failure to furnish TDS certificates constitute criminal offences under the Income Tax Act. The company deducted tax from salaries, dividends and contractor payments but did not deposit the amounts within the prescribed time and failed to issue required certificates. The managing director, as the responsible officer, was prosecuted under the penal provisions for TDS non-deposit and failure to provide certificates and was sentenced to imprisonment and fined for those offences. News - Fri, 27 Sep 2013 11:34:01 +0530 https://www.taxtmi.com/news?id=11767