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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

TDS on dividend declared to subscribers - Chit fund dividend to ...

Case Laws     Income Tax

November 4, 2013

TDS on dividend declared to subscribers - Chit fund dividend to the subscribers does not partake the character of interest defined u/s 2(28A) and accordingly, the assessee is not liable to deduct tax under section194A - AT

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