https://www.taxtmi.com/highlights?id=47865 Penalty u/s 271C - reasonable cause for non deduction of TDS u/s 194H - assessee has reasonable cause for non deduction of tax at source on the discount allowed to the prepaid distributor as there are decisions of the Hon’ble High Courts and Tribunal taking diverse views - debatable issue - no penalty en-us Fri, 12 Jul 2019 08:20:55 +0530 Fri, 12 Jul 2019 08:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47865 Penalty u/s 271C - reasonable cause for non deduction of TDS u/s 194H - assessee has reasonable cause for non deduction of tax at source on the discount allowed to the prepaid distributor as there are decisions of the Hon’ble High Courts and Tribunal taking diverse views - debatable issue - no penalty Highlights Income Tax Fri, 12 Jul 2019 08:20:55 +0530 https://www.taxtmi.com/highlights?id=47865