Direct Payment (General) -Section 391 (New) / Section 191 (Old)

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....rectly if: (a) There is no provision under Chapter XIX requiring deduction of tax at source (TDS) on that income; or (b) Although TDS was required, tax has not actually been deducted in accordance with the provisions of the Chapter. Illustrations: • Professional income below threshold limit → tax is paid by the assessee through advance tax/self-assessment. â€....

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....quence of failure to deduct and failure to pay tax read with Rule 218 Where: • a person required to deduct tax at source; or • an employer referred to in section 392(2)(a), fails to deduct tax; • deducts tax but does not deposit it with the Central Government; • fails to pay the tax as required under the provisions of this chapter; an....

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....re there is no provision for TDS or where tax has not been deducted under Chapter XIX. ESOP taxation for eligible start-ups Deferred tax payment on specified security or sweat equity shares allotted by an eligible start-up. Tax is payable within 14 days from the earliest of: (i) expiry of 48 months from the end of the relevant assessment year, (ii) sale of shares/specified security, or....