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Income Tax - Highlights / Catch Notes

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Liability to deduct tax at source u/s 194A on interest paid to ...

Income Tax

August 12, 2015

Liability to deduct tax at source u/s 194A on interest paid to NOIDA - payment of interest by banks to the State Industrial Development Authorities does not require any deduction of tax at source in terms of section 194A(3)(iii)(f) - AT

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  10. Liability to deduct tax at source u/s 194LA or u/s 194IA - payments of compensation for acquisition of land - income is exempted in the hands of recipients - No TDS liability - HC

 

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