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Income Tax - Highlights / Catch Notes

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TDS u/s 194H - Disallowance of expenditure incurred on trip ...

Income Tax

February 15, 2021

TDS u/s 194H - Disallowance of expenditure incurred on trip scheme - the scheme is closely linked to assessee's business activity. It is also a fact that the assessee has not paid any amount to the dealers and distributors, but amount spent has been paid to SOTC for organizing the trip. - Deduction of expenditure cannot be denied as there is no TDS liability - AT

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