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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Disallowance u/s 40(a)(ia) - Payment to consignment agents - ...


No Tax Deduction Needed for Consignment Agent Payments u/s 40(a)(ia); Not Considered Commission u/s 194H.

September 11, 2013

Case Laws     Income Tax     AT

Disallowance u/s 40(a)(ia) - Payment to consignment agents - Since this is not a commission payment, therefore, there is no question of deducting tax at source under Section 194H of the Act - AT

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