Interest Levied on 10% TDS Shortfall for Hospitals; Section 201A Applies Until Deductees File Returns.

Interest Levied on 10% TDS Shortfall for Hospitals; Section 201A Applies Until Deductees File Returns. https://www.taxtmi.com/highlights?id=50428 Levy of interest U/s. 201A for non deduction of TDS - 90% of the advanced tax must have been paid by those hospitals and therefore we direct the Assessing Officer to levy the interest on the shortfall of 10% of TDS amount up to the date of filing of returns by the deductees U/s.201(1A). en-us Thu, 28 Nov 2019 13:43:23 +0530 Thu, 28 Nov 2019 13:43:23 +0530 TaxTMI RSS Generator Interest Levied on 10% TDS Shortfall for Hospitals; Section 201A Applies Until Deductees File Returns. https://www.taxtmi.com/highlights?id=50428 Levy of interest U/s. 201A for non deduction of TDS - 90% of the advanced tax must have been paid by those hospitals and therefore we direct the Assessing Officer to levy the interest on the shortfall of 10% of TDS amount up to the date of filing of returns by the deductees U/s.201(1A). Highlights Income Tax Thu, 28 Nov 2019 13:43:23 +0530 https://www.taxtmi.com/highlights?id=50428