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Income Tax - Highlights / Catch Notes

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Cargo handling charges to be taxed u/s 194J @ 5% or u/s 194 @ 2% ...


Cargo Handling Charges Taxed at 2% u/s 194C, Not 5% u/s 194J; Assessee Not in Default.

October 20, 2014

Case Laws     Income Tax     AT

Cargo handling charges to be taxed u/s 194J @ 5% or u/s 194 @ 2% - assessee was not in default for deduction of tax as per provisions of section 194C at the rate of 2 per cent and that lower authorities were not justified for treating the services rendered to the assessee as falling under section 194J - AT

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