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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Provisions of section 40(a)(ia) do not override the provisions ...


Section 40(a)(ia) Provisions Do Not Override Section 201: Assessee Liable for TDS on Interest Payments.

January 30, 2014

Case Laws     Income Tax     AT

Provisions of section 40(a)(ia) do not override the provisions of section 201 – assessee is liable to TDS on interest payments, even if it has not claimed the same as deduction while computing total income - AT

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