Penalty u/s 271(1)(c) - whether leviable

Tax queries 1209 views 3 replies

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

Replies (3)

no if i insist the a.o  to take money them matter can solve easily

read by this link

/articles/penalty-u-s-271-1-c--2031.asp

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


CCI Pro

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