TMI BlogAny payment made under lease agreement for use of vehicles partake the character of rent on which tax...Any payment made under lease agreement for use of vehicles partake the character of rent on which tax has to be deducted under the provisions of section 194-I. - disallowance u/s. 40(a)(ia) has to be made for non-deduction of tax at source (TDS) - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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