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

Chintan Shah (-) (534 Points)

08 March 2010  

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