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Income Tax - Highlights / Catch Notes

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Disallowance of brokerage and commission - non deduction of TDS ...

Income Tax

May 5, 2017

Disallowance of brokerage and commission - non deduction of TDS u/s 40(a)(ia) - section 40(a)(ia) of the Act only applies when income is computed under the head ‘profit & gains’ from business or profession, but not under the head ‘income from capital gains’ - AT

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