TDS u/s 192 - reimbursement of salary to the Member of Joint ...

Income Tax

September 15, 2018

TDS u/s 192 - reimbursement of salary to the Member of Joint Venture (AOP) - the provisions of sec. 40(ba) shall not apply to the payment given to M/s ITDCL, since the said payments have not been received by it on its own account contemplated in sec. 67A r.w.s. 40(ba) of the Act and hence the same shall not acquire the character of “share income from AOP” in its hands.

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TDS u/s 192 - reimbursement of salary to the Member of Joint ...

Income Tax

September 15, 2018

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