TDS u/s 194H - provision towards commission made - As similar ...

High Court rules in favor of assessee on commission provision u/s 194H, citing Supreme Court principles.

February 25, 2021

Case Laws Income Tax HC

TDS u/s 194H - provision towards commission made - As similar provisions were made in earlier years as well as subsequent years by the assessee and the TDS was not deducted on the provisions. However, the Department has not made any additions with regard to the provisions made during the years in which returns of income were selected for scrutiny assessment. Therefore, the first substantial question of law on the analogy of the principles laid down by the Supreme Court in the aforesaid decision is answered against the revenue and in favour of the assessee. - HC

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TDS u/s 194H - provision towards commission made - As similar ...

High Court rules in favor of assessee on commission provision u/s 194H, citing Supreme Court principles.

February 25, 2021

Case Laws Income Tax HC

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