Penalty u/s 272A(2)(k) for Late TDS Returns; Assessing Officer to Verify Penalty from TDS Payment Date.

Penalty u/s 272A(2)(k) for Late TDS Returns; Assessing Officer to Verify Penalty from TDS Payment Date. https://www.taxtmi.com/highlights?id=54950 Penalty u/s 272A(2)(k) r.w.s. 200(3) - failure on part of assessee to file quarterly returns of TDS in Form 24Q and 26Q for the years under consideration within the stipulated time - AR was directed to file a chart by computing penalty from the date of making payment for both years. AO is directed to verify the same and restrict Penalty u/s.272(k)(2) to such amount as computed from date of deposit of TDS with Government. - AT en-us Tue, 29 Sep 2020 07:01:30 +0530 Tue, 29 Sep 2020 07:01:30 +0530 TaxTMI RSS Generator Penalty u/s 272A(2)(k) for Late TDS Returns; Assessing Officer to Verify Penalty from TDS Payment Date. https://www.taxtmi.com/highlights?id=54950 Penalty u/s 272A(2)(k) r.w.s. 200(3) - failure on part of assessee to file quarterly returns of TDS in Form 24Q and 26Q for the years under consideration within the stipulated time - AR was directed to file a chart by computing penalty from the date of making payment for both years. AO is directed to verify the same and restrict Penalty u/s.272(k)(2) to such amount as computed from date of deposit of TDS with Government. - AT Highlights Income Tax Tue, 29 Sep 2020 07:01:30 +0530 https://www.taxtmi.com/highlights?id=54950