Failure of the payer to make TDS, Interest U/s 234B
Description: Assessee’s entire income subject to TDS, no liability to pay interest under section234B-Recent judgment to Full Bench of Uttarakhand High Court In Director of IT, International Taxation v. Maersk Co. Ltd. (2011) 39 (I) ITCL 179 (Uttarakhand – HC) (FB) Maersk Co. Ltd. (for short ‘MCL’) Now, it is settled principle of law that […]
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