Tds
Hi Karishma,
As per the revised guidelines, the criterion of minimum retention period of 12 months has been removed and defaulters, who have not deposited the tax deducted within due date, shall be liable for prosecution, irrespective of the period in delay. However, this may be compounded by the Chief Commissioner having jurisdiction on the case.
Hope this helps.
Regards,
Mobin
Hi Karishma,
As per the revised guidelines, the criterion of minimum retention period of 12 months has been removed and defaulters, who have not deposited the tax deducted within due date, shall be liable for prosecution, irrespective of the period in delay. However, this may be compounded by the Chief Commissioner having jurisdiction on the case.
Hope this helps.
Regards,
Mobin
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