1.

Would I Face Any Adverse Consequences If Instead Of Depositing Tds In The Government's Account I Use It For My Personal Needs?

Answer»

Yes, FAILURE to REMIT tax deducted by me in the GOVERNMENT’s account WITHIN stipulated time-limit would attract interest, penalty and rigorous imprisonment of upto seven years.

Yes, failure to remit tax deducted by me in the government’s account within stipulated time-limit would attract interest, penalty and rigorous imprisonment of upto seven years.



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