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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Addition u/s 40(a)(ia) - the amount paid by the purchaser on ...


Delay Payment Considered Part of Sale Price; No TDS Deduction Needed u/s 40(a)(ia) of Income Tax Act.

March 29, 2014

Case Laws     Income Tax     AT

Addition u/s 40(a)(ia) - the amount paid by the purchaser on account delay in payment of sale price also constitutes a component of sale price and is a part of sale consideration - No TDS required to be deducted - AT

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