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Income Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

TDS u/s 194C - payment was made to goldsmiths for making charges ...

Income Tax

February 12, 2021

TDS u/s 194C - payment was made to goldsmiths for making charges - The payment made was less than ₹ 20,000/- and aggregate payment does not exceed the sum of ₹ 50,000/- as per the details furnished by the assessee. This fact was not disputed by the Ld.CIT(A). Therefore, we set aside the order of the Ld.CIT(A) and delete the addition made by the AO u/s 40(a)(ia). - AT

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