Friday, February 7, 2020

TDS is deemed to be remitted on date of online payment & not date showing in OLTAS

INCOME TAX: Where remittance of TDS was made online on prescribed date, credit to Government's account was instant and thus, no interest could be levied under section 201(1A) for delay in remitting TDS to credit of Government even if online portal showed a delayed date

from www.taxmann.com Latest Case Laws https://ift.tt/39fHprG

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