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I-T Dept probing TDS shortfall from mobile cos: Sources

Published on Wed, Mar 17, 2010 at 15:59 |  Source : CNBC-TV18

Updated at Wed, Mar 17, 2010 at 16:02  

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I-T Dept probing TDS shortfall from mobile cos: Sources

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The Income Tax Department is probing the shortfall in the tax deducted at source from mobile companies, sources told CNBC-TV18. It claims a TDS short deduction of Rs 47 crore.

Sources say Chandigarh arm of the Income Tax Department has conducted a special drive during January and February. The TDS inspection was carried out on four mobile companies.

The department is claiming a shortfall on TDS payments by mobile companies. The Delhi and Mumbai wing is likely to verify TDS compliance by mobile companies.

 

  

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