May 07, 2026
Submitted By: Shristi Rajput
Circular No.11/2017 Guidelines for wavier interest charge under section 201(1A)(i) of income Tax
Circular No. 11/2017 provides guidelines for waiver of interest charged under Section 201(1A)(i) of the Income-tax Act. It states that interest for delay in deduction of TDS/TCS may be waived in genuine hardship cases if the default occurred due to circumstances beyond the deductor’s control and specific conditions prescribed by the CBDT are satisfied.
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