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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Disallowance on work penalty expenses u/s 40(a)(ia) - Whether ...


High Court Rules Work Penalty Expenses Exempt from TDS Provisions u/s 40(a)(ia) of Income Tax Act.

December 8, 2014

Case Laws     Income Tax     HC

Disallowance on work penalty expenses u/s 40(a)(ia) - Whether the work penalty expenses were actually interest expenses liable to provisions of TDS – Held No - HC

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