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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

TDS U/s 194H - payment of bank guarantee, brokerage - The ...

Case Laws     Income Tax

March 1, 2016

TDS U/s 194H - payment of bank guarantee, brokerage - The relation between the assessee and the bank is not principal and agent, the commission of bank guarantee is not covered by the explanation (i), therefore, no TDS is liable to be deducted - AT

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