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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Short-deduction of TDS - interest u/s 201(1) OR 201(1A) - ...

Case Laws     Income Tax

April 23, 2020

Short-deduction of TDS - interest u/s 201(1) OR 201(1A) - non-deduction of TDS u/s 194A OR 192 - Assessee also could not substantiate that the employees have spent the allowances received by them for the intended purpose. Therefore, the fixed medical allowance given by the employer is taxable as salary income. - AT

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