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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Interest u/s 234B is not chargeable since ECB interest received ...

Income Tax

September 18, 2019

Interest u/s 234B is not chargeable since ECB interest received by the assessee from the borrowers was subject to tax deduction at source u/s 195 - AT

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  3. Interest on short payment of advance tax – failure on the part of payer to deduct TDS u/s 195(2) - no interest u/s 234B - AT

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  9. Interest u/s 234B - the interest u/s 234B of the Act is not leviable in the case of the assessee being nonresident when its entire income is subject to TDS u/s 195 of the Act. - AT

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