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