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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Non-deduction of TDS u/s 194H r.w.s. 40(a)(ia) - nature of ...

Income Tax

February 9, 2018

Non-deduction of TDS u/s 194H r.w.s. 40(a)(ia) - nature of discount - Some services should be provided by the person or any other services in the course of buying and selling of goods - since there was no relationship between the assessee and its customers as of principal and agents, the amount of discount cannot be termed as commission - No TDS liability - AT

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