Delay in depositing TDS: Company under liquidation ordered to pay fine, MD to pay fine, undergo jail term

In what could be seen as a landmark judgment, a court in Delhi has held a company under liquidation and its top executive guilty of delayed deposit of tax deducted at source (TDS). The court has ordered jail term and fine for the Managing Director, besides imposing a fine on the company

Raccontata dathehindubusinessline.com