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Certificate u/s 197: No Default for Assessee if Tax is Paid, But Interest u/s 201(1A) Applies.
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....Low or Non-deduction of Tax at source certificate u/s 197 – when tax was paid by the deductee, the assessee shall not be held to be in default, but the interest u/s 201(1A) of the Act is mandatory - AT....
TaxTMI
TaxTMI