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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Exemption u/s 11 - denying registration to the assessee u/s 12A ...

Income Tax

April 20, 2020

Exemption u/s 11 - denying registration to the assessee u/s 12A read with Section 12AA - assessee had paid salary partly through Bank and partly in cash, but had not deducted tax at source in case of any of the employees - it is of no relevance, for registration u/s 12A r.w.s 12AA, if salary has been paid partly in cash and partly by cheque.

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