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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Once Form No,15G/Form 15H were received by the persons ...

Income Tax

July 8, 2016

Once Form No,15G/Form 15H were received by the persons responsible for deducting tax, there is no liability to deduct tax at source in view of section 194A r.w.s. 197 A. - Accordingly, the mischief provided under section 40(a)(ia) is not attracted. - AT

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