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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Accrual of income – claim of credit for the tax deducted (TDS) ...


Taxpayers Not Obligated to Pay Tax on TDS Receipts Unless Recognized as Income.

May 13, 2014

Case Laws     Income Tax     AT

Accrual of income – claim of credit for the tax deducted (TDS) does not make the assessee “bound” to pay tax on the receipts, unless such receipts constitute income in his hands - AT

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