Interest Mandatory u/s 201(1A) for TDS Delay Even If Payee Filed Return and Paid Taxes.

Interest Mandatory u/s 201(1A) for TDS Delay Even If Payee Filed Return and Paid Taxes. https://www.taxtmi.com/highlights?id=29915 Non deduction of tds - payee has filed the return and paid the taxes - There might not have been any loss to the revenue in terms of tax but the revenue have to be compensated for the delay in payment of taxes to the exchequer. The charging of interest u/s 201(1A) since is mandatory - AT en-us Fri, 24 Jun 2016 14:54:46 +0530 Fri, 24 Jun 2016 14:54:46 +0530 TaxTMI RSS Generator Interest Mandatory u/s 201(1A) for TDS Delay Even If Payee Filed Return and Paid Taxes. https://www.taxtmi.com/highlights?id=29915 Non deduction of tds - payee has filed the return and paid the taxes - There might not have been any loss to the revenue in terms of tax but the revenue have to be compensated for the delay in payment of taxes to the exchequer. The charging of interest u/s 201(1A) since is mandatory - AT Highlights Income Tax Fri, 24 Jun 2016 14:54:46 +0530 https://www.taxtmi.com/highlights?id=29915