Tax filing – why keep records?April 19, 2021
Is it fair to impose surcharge?April 26, 2021
Take 5 with Thannees: Episode 12
What happens when a taxpayer fails to furnish TP Documentation?
In this episode, our Managing Director, Mr Thanneermalai Somasundaram clarifies the applicability of the newly introduced Sec 113B of the Income Tax Act 1967 and the penalty regime under the TP Audit Framework when taxpayers fail to furnish TP documentation.