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Tax Deductors Who Default In Depositing TDS by Due Date Shall be Liable for Prosecution: CBDT

Last updated: 06 August 2013

It has come to the notice of Income Tax Department that many times the tax deductors, after deducting TDS from specified payments, are deliberately not depositing the taxes so deducted in Government account and continue to deploy the funds so retained for business purposes or for personal use. Su
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