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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

TDS - commission or brokerage to the persons carrying on the ...


Supreme Court Rules Section 194H Inapplicable to Cash Discounts for Stamp Vendors; Not TDS on Commission or Brokerage.

September 12, 2012

Case Laws     Income Tax     SC

TDS - commission or brokerage to the persons carrying on the business as “stamp vendors“ - bulk quantity - said discount is in the nature of cash discount - Section 194H has no application - SC

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