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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Liability to deduct TDS u/a 194A - the amount disbursed by a ...


Chit fund payouts to members not treated as interest u/s 194A, exempt from TDS deductions.

February 25, 2014

Case Laws     Income Tax     AT

Liability to deduct TDS u/a 194A - the amount disbursed by a chit fund company to the members from the contribution cannot be treated as interest - AT

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