As the amount paid by the assessee to specific persons are taxed ...

Income Tax

October 17, 2019

As the amount paid by the assessee to specific persons are taxed in the hands of specific persons at the same rate , disallowance u/s 40A(2)(b) will be meaningless inasmuch as “permitting the Revenue to tax the same income again at the same rate in the hand of principal payer would amount to double taxation".

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As the amount paid by the assessee to specific persons are taxed ...

Income Tax

October 17, 2019

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