Section 271C

New TDS Compliance for Employers under Section 192 & relevance of Form 12BB

Income Tax - Stay updated with the latest TDS compliance under Section 192 of the I.T. Act, emphasizing the importance of Form 12BB for employers and employees....

Supreme Court Ruling on TDS Penalty in US Technologies Case – A Detailed Analysis

Income Tax - Read about Supreme Court's decision in US Technologies case regarding TDS penalty under Section 271C of Income Tax Act, 1961, for delayed remittance....

Penalties and Prosecutions Under Income tax Act, 1961

Income Tax - Learn about the penalties and prosecutions under the Income Tax Act of 1961 for various defaults and offenses. Find out the fines and imprisonment for non-compliance with tax regulations....

Prosecution for non deduction of TDS under section 194S & 194R

Income Tax - It is proposed to amend section 271C inserting two new sub-clauses under clause (b) in sub-section (1) providing reference to the first proviso to section 194R and the first proviso to section 194S. Similar amendments are also proposed in section 276B....

Consequences of Non Payment of TDS/TCS & Non filing of TDS/TCS Returns

Income Tax - Understand the consequences of non-payment of TDS/TCS & non-filing of TDS/TCS returns. Learn about the penalties and legal implications....

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Madras HC Grants Interim Stay in Cognizant’s Tax Case Appeal against ITAT Order

Cognizant Technology Solutions India Private Limited Vs ACIT (Madras High Court) - Madras High Court halts Rs. 9403.09 Cr Income Tax demand against Cognizant Technology Solutions India. Detailed analysis and implications of the order....

No penalty u/s 271C for not deducting TDS on Foreign Remittances

Isys Softech Pvt. Ltd. Vs ITO (ITAT Jaipur) - Since assessee had deliberately not avoided TDS and there was no contumacious conduct on the part of the assessee, therefore, penalty was not leviable for not deducting TDS on foreign remittances. ...

Ex-Parte Section 271C Penalty order : ITAT grants another opportunity

Oriental Bank of Commerce Vs JCIT (ITAT Jaipur) - In a landmark case, Oriental Bank challenges penalties imposed by ITAT Jaipur for TDS non-compliance. Learn about the legal battle and its implications....

TDS not deductible on payment towards External Development Charges to HUDA

ITO Vs Silverglades Infrastructure Pvt. Ltd. (ITAT Delhi) - ITAT Delhi held that the assessee has not committed any violation of provision of Chapter XVII B of the Act by making payment towards External Development Charges (EDC) to Directorate of Town and Country Planning, Haryana (Haryana Government) (DGTCP) through banking channel favoring Haryana Urban De...

Section 154 action Based on TDS Shortfall reported in Form 3CD is valid

JCIT(OSD) Vs Sistema Shyam Teleservices Ltd (ITAT Delhi) - ITAT Delhi held that initiation of action u/s. 154 of the Income Tax Act on the basis of shortfall in TDS on year end provisions reported in Form 3CD of the assessee cannot be faulted. Accordingly, matter remanded to AO....

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Recent Posts in "Section 271C"

New TDS Compliance for Employers under Section 192 & relevance of Form 12BB

Stay updated with the latest TDS compliance under Section 192 of the I.T. Act, emphasizing the importance of Form 12BB for employers and employees....

Posted Under: Income Tax |

Madras HC Grants Interim Stay in Cognizant’s Tax Case Appeal against ITAT Order

Cognizant Technology Solutions India Private Limited Vs ACIT (Madras High Court)

Madras High Court halts Rs. 9403.09 Cr Income Tax demand against Cognizant Technology Solutions India. Detailed analysis and implications of the order....

No penalty u/s 271C for not deducting TDS on Foreign Remittances

Isys Softech Pvt. Ltd. Vs ITO (ITAT Jaipur)

Since assessee had deliberately not avoided TDS and there was no contumacious conduct on the part of the assessee, therefore, penalty was not leviable for not deducting TDS on foreign remittances. ...

Ex-Parte Section 271C Penalty order : ITAT grants another opportunity

Oriental Bank of Commerce Vs JCIT (ITAT Jaipur)

In a landmark case, Oriental Bank challenges penalties imposed by ITAT Jaipur for TDS non-compliance. Learn about the legal battle and its implications....

Supreme Court Ruling on TDS Penalty in US Technologies Case – A Detailed Analysis

Read about Supreme Court's decision in US Technologies case regarding TDS penalty under Section 271C of Income Tax Act, 1961, for delayed remittance....

Posted Under: Income Tax |

TDS not deductible on payment towards External Development Charges to HUDA

ITO Vs Silverglades Infrastructure Pvt. Ltd. (ITAT Delhi)

ITAT Delhi held that the assessee has not committed any violation of provision of Chapter XVII B of the Act by making payment towards External Development Charges (EDC) to Directorate of Town and Country Planning, Haryana (Haryana Government) (DGTCP) through banking channel favoring Haryana Urban Development Authority (HUDA)....

Section 154 action Based on TDS Shortfall reported in Form 3CD is valid

JCIT(OSD) Vs Sistema Shyam Teleservices Ltd (ITAT Delhi)

ITAT Delhi held that initiation of action u/s. 154 of the Income Tax Act on the basis of shortfall in TDS on year end provisions reported in Form 3CD of the assessee cannot be faulted. Accordingly, matter remanded to AO....

TDS Exemption on HUDA Payments: ITAT Delhi Ruling

ITO Vs Santur Builders Pvt Ltd (ITAT Delhi)

An analysis of ITAT Delhi's order in ITO Vs Santur Builders Pvt Ltd, stating that TDS is not applicable on EDC payments to HUDA on behalf of State Government....

No section 271C penalty for TDS Non-Deduction if Form 15G & 15H submitted

Unity Dye Chem Pvt. Ltd. Sokhada Vs CIT (ITAT Ahmedabad)

Analysis of ITAT Ahmedabad's decision in Unity Dye Chem Pvt. Ltd. vs CIT case. Penalty under section 271C not applicable if TDS non-deduction supported by Form 15G/H....

Delhi HC Quashes TDS Penal Action Against DLF

DLF Homes Panchkula Pvt Ltd Vs ACIT (Delhi High Court)

In a landmark ruling, Delhi High Court quashes TDS penal action against DLF Homes Panchkula Pvt Ltd for the FY 2013-14. Detailed verdict here....

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