https://www.taxtmi.com/manuals?id=1599 Direct payment of income-tax is required where no tax deduction at source applies or tax required to be deducted has not actually been deducted. Employees receiving specified securities or sweat equity shares from an eligible start-up are subject to deferred payment of the related tax under the prescribed ESOP mechanism. A deductor or specified employer that fails to deduct, deposit or pay tax, where the assessee also fails to pay directly, is deemed to be an assessee in default and may face interest, penalty and prosecution. en-us Wed, 05 Jul 2017 15:31:00 +0530 Thu, 27 Aug 2026 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1599 Direct payment of income-tax is required where no tax deduction at source applies or tax required to be deducted has not actually been deducted. Employees receiving specified securities or sweat equity shares from an eligible start-up are subject to deferred payment of the related tax under the prescribed ESOP mechanism. A deductor or specified employer that fails to deduct, deposit or pay tax, where the assessee also fails to pay directly, is deemed to be an assessee in default and may face interest, penalty and prosecution. Manuals Income Tax Wed, 05 Jul 2017 15:31:00 +0530 https://www.taxtmi.com/manuals?id=1599