Interest on TDS/TCS defaults to be payable as per Assessing Officer's order, clarifying computation and payment obligation. The measure amends the TDS and TCS interest provisions to provide that where the Assessing Officer makes an order for a default under the relevant ... Summary
Interest on TDS/TCS defaults to be payable as per Assessing Officer's order, clarifying computation and payment obligation.
The measure amends the TDS and TCS interest provisions to provide that where the Assessing Officer makes an order for a default under the relevant sections, the interest shall be paid by the person in accordance with the order made by the Assessing Officer, clarifying computation and payment obligation for continuing defaults.
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TaxTMI 
TaxTMI 
