https://www.taxtmi.com/manuals?id=4538 Penalty under section 271C applies to any person required to deduct or pay tax under Chapter XVII-B or specified provisions and is attracted both for failure to deduct tax at source and for failure to pay or ensure payment of tax in specified non-cash or deemed-payment situations. The penalty equals the amount of tax not deducted, paid, or ensured to be paid. Section 276B provides prosecution for failure to remit TDS or to pay or ensure payment of tax in specified cases, with the applicable punishment varying by amount and subject to a filing-time payment safeguard in specified cases. en-us Tue, 14 May 2024 10:25:00 +0530 Thu, 16 Apr 2026 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4538 Penalty under section 271C applies to any person required to deduct or pay tax under Chapter XVII-B or specified provisions and is attracted both for failure to deduct tax at source and for failure to pay or ensure payment of tax in specified non-cash or deemed-payment situations. The penalty equals the amount of tax not deducted, paid, or ensured to be paid. Section 276B provides prosecution for failure to remit TDS or to pay or ensure payment of tax in specified cases, with the applicable punishment varying by amount and subject to a filing-time payment safeguard in specified cases. Manuals Income Tax Tue, 14 May 2024 10:25:00 +0530 https://www.taxtmi.com/manuals?id=4538