No Short TDS Deduction Found: Appellant Not Assessee-in-default u/s 201(1); No Penalty u/s 271C.

No Short TDS Deduction Found: Appellant Not Assessee-in-default u/s 201(1); No Penalty u/s 271C. https://www.taxtmi.com/highlights?id=61828 Default u/s 201 (1) - short deduction of TDS - penalty u/s 271C - Once it has been categorically held by the CIT (A) that there is no short deduction of TDS, the question of categorising the Appellant as Assessee-in-default for the purposes of Section 201 (1) of the IT Act did not arise. There was, therefore, no occasion for imposition of the penalty under Section 271C - HC en-us Sat, 05 Feb 2022 22:26:54 +0530 Sat, 05 Feb 2022 22:26:54 +0530 TaxTMI RSS Generator No Short TDS Deduction Found: Appellant Not Assessee-in-default u/s 201(1); No Penalty u/s 271C. https://www.taxtmi.com/highlights?id=61828 Default u/s 201 (1) - short deduction of TDS - penalty u/s 271C - Once it has been categorically held by the CIT (A) that there is no short deduction of TDS, the question of categorising the Appellant as Assessee-in-default for the purposes of Section 201 (1) of the IT Act did not arise. There was, therefore, no occasion for imposition of the penalty under Section 271C - HC Highlights Income Tax Sat, 05 Feb 2022 22:26:54 +0530 https://www.taxtmi.com/highlights?id=61828