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HC upheld penalty as assessee failed to prove that there was reasonable cause for not deducting TDS
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Corporate Tax
HC upheld penalty as assessee failed to prove that there was reasonable cause for not deducting TDS
Posted on
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October 17, 2017
Tenet Tax Daily October 16 2017
By
tenettax-team
Corporate Tax
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‘Reason to believe’ isn’t required to be disclosed in case of search proceedings: SC
ITAT upheld disallowance of interest exp. as assessee had no interest free funds to give interest free loan