What prosecution may be taken by the Income Tax Department for the Non deduction of TDS Amount where it should have been deducted.
CA Rajneesh Dixit (Practice) (129 Points)
31 January 2011What prosecution may be taken by the Income Tax Department for the Non deduction of TDS Amount where it should have been deducted.
Pankaj Arora
(Learner)
(3134 Points)
Replied 31 January 2011
I don’t think it’s a big problem because you will have to give form 16 or 16A to assess. Or you may revise your tds return.