You May Not be Defaulter u/s 201 Even if TDS Was Not Deducted !

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defaulterThe provision of section 201 is well known to all deductors because the notices from TDS wing or Internationa Tax deivison of the tax department are very common. Now, if you did not deduct the tax at source , even where the tax deduction was required as per law , does not necessarily land you in trouble of being declared as defaulter under section 201 of the Income Tax Act. This post is quickly stating you why ?

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