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Income Tax - Highlights / Catch Notes

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TDS u/s 194A - non deduction of tds on payment of interest on ...


No TDS Deduction Needed on FDR Interest Payments to Greater Noida Authority u/s 194A.

June 9, 2018

Case Laws     Income Tax     AT

TDS u/s 194A - non deduction of tds on payment of interest on FDRs to Gr. Noida Authority,a statutory authority constituted and 100% owned by UP State Government - No tax is required to be deducted from interest payment to any corporation established by a Central State or Provincial Act.

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