Supreme Court of India · 2023-04-10
M/S US TECHNOLOGIES INTERNATIONAL PVT. LTD. vs THE COMMISSIONER OF INCOME TAX
- Citation / case number
- SC 2010/13647
- Court
- Supreme Court of India
- Petitioner
- M/S US TECHNOLOGIES INTERNATIONAL PVT. LTD.
- Respondent
- THE COMMISSIONER OF INCOME TAX
- Author
- HON'BLE MR. JUSTICE M.R. SHAH
- Bench
- HON'BLE MR. JUSTICE C.T. RAVIKUMAR HON'BLE MR. JUSTICE M.R. SHAH
Judgment text excerpt
The Supreme Court upheld the imposition of interest and penalty under Section 271C of the Income Tax Act for failure to timely deposit tax deducted at source (TDS). The court found that the delays in remittance, ranging from 5 days to 10 months, warranted the penalties as prescribed by law. The judgment confirmed the High Court's decision, emphasizing the importance of compliance with tax obligations.