Friends,
If the AO makes a disallowance u/s 40(a)(ia) for non deduction of TDS can penalty proceedings be initiated u/s 271(1)(c)?
Thanks in adv
Regards
Chintan
Chintan Shah (-) (534 Points)
08 March 2010Friends,
If the AO makes a disallowance u/s 40(a)(ia) for non deduction of TDS can penalty proceedings be initiated u/s 271(1)(c)?
Thanks in adv
Regards
Chintan
SUDHIR & PRADEEP JI
(CA FINAL+LLB + DISA)
(2299 Points)
Replied 08 March 2010
no if i insist the a.o to take money them matter can solve easily
Chintan Shah
(-)
(534 Points)
Replied 08 March 2010
Sudhir bhai,
Ofcourse matter can be solved by bribing the AO, but that needs to be done only in the case you are in the tough spot.. If the law has a remedy, than its better to take its shelter than to bribe the AO.
Please do provide any information on the legal side and not on illegal side of this query, thats what I expect from this forum when I post a question on it.. Baki I also know sab chalta he...
Regards
Chintan