Deductors / collectors may get interest waiver if TDS/TCS amount debited from the bank account but not credited to the Government Treasury due to technical glitches As per section 201(1A)(ii) of the Income-tax Act, 1961, any person who is liable to deduct taxes does not pay the taxes deducted to the credit of the…
The post Deductors / collectors may get interest waiver if TDS/TCS amount debited from the bank account but not credited to the Government Treasury due to technical glitches appeared first on The Tax Talk.
