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

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category Income Tax   Report

Comment   Share
  19953 Views
Comments

Recent News :

  1. DGGI Arrests Tax Consultant and Trader in Rs 30 Crore Bogus GST ITC Racket
  2. Rising Incomes, GST Rationalisation Fuel Rural Consumption Revival in 2025
  3. State GST Launches 10-Day Drive to Clear Pending GSTR-3B Returns
  4. ICAI Clears Advertising for CA Firms, Approves Global Networking Rules; UDIN Crosses 10 Crore
  5. IndiGo Faces Rs 58.75 Crore GST Penalty Notice Amid Ongoing Flight Disruptions
  6. No Post-GST Compensation for Karnataka, Finance Ministry Tells Parliament
  7. Supreme Court Denies 40% Tax Deduction to Statutory Corporations on Non-Lending Income
  8. Income Tax Dept Detects Over Rs 1000 Crore Tax Evasion in Refex Group Searches
  9. CBDT Nudges Taxpayers to Withdraw Bogus Donation Claims Using Data-Driven Tax Scanner
  10. ICSI Introduces Fast-Track Support for MCA21 V3 E-Filing Issues Pending Over 7 Days

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category