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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

TDS u/s 194A - amount payable towards loan debited in direct ...


Charges Classified as Interest Subject to TDS u/s 194A Upheld; No Fault Found in Tax Treatment Decision.

October 13, 2015

Case Laws     Income Tax     AT

TDS u/s 194A - amount payable towards loan debited in direct expenses under minor head “excess payment refund" - no fault can be found on the part of the AO for treating these charges as interest and liable for TDS u/s 194A - AT

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