TDS on interest - liability of paying tax is that of the ...

Income Tax

February 27, 2012

TDS on interest - liability of paying tax is that of the creditor and a statutory duty is cast on the debtor to deduct tax and make payments. The revenue cannot collect tax on interest from both the principal and the agent. - HC

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TDS on interest - liability of paying tax is that of the ...

Income Tax

February 27, 2012

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