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Income Tax - Highlights / Catch Notes

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Qualification for exemption u/s 10(5) - LTC paid to the ...

Income Tax

March 10, 2016

Qualification for exemption u/s 10(5) - LTC paid to the employees involving foreign travel - TDS on the payment of LTC to the employees - Revenue has rightly held the assessee to be in default, as the assessee has not deducted TDS intentionally on the reimbursement of expenditure incurred on LTC/LFC. - AT

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