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Income Tax - Highlights / Catch Notes

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TDS u/s 194C - Disallowance u/s 40(a)(ia) being the amount of ...

Income Tax

October 30, 2021

TDS u/s 194C - Disallowance u/s 40(a)(ia) being the amount of expenses claimed under the head testing charges on the reason that the assessee has not deducted tax on such payment - The testing charges was made by the Government and the assessee has only reimbursed the expenses through the mode of deduction made by the Government out of running bills of contract - No additions could be made - AT

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