Penalty u/s 272 A(2)(c)

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....enalty u/s 272 A(2)(c)<br> Query (Issue) Started By: - Sneh K Dated:- 12-2-2015 Income Tax<br>Income Tax<br>The assessee had paid freight of &#8377; 9,00,000/- in Fy 2011-12.PAN was received from tran....

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....sporter, hence no TDS was deductible. However, the details of transporter were not furnished with TDS return, which attracted penalty u/s 272 A(2)(c). But penalty in this case is &#8377; 100 per day ....

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....for which default continues maximum upto TDS liability. TDS liability in this case is NIL. So, what will be the penalty amount leviable?<br> Discussion Forum - Knowledge Sharing ....