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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Discount of recharge vouchers and prepaid SIM cards allowed to ...

Case Laws     Income Tax

November 21, 2014

Discount of recharge vouchers and prepaid SIM cards allowed to the franchisees – TDS not deducted u/s 194H – recovery provisions u/s 201(1) can be invoked only when loss to revenue is established, and that can only be established when it is demonstrated that the recipient of income has not paid due. - AT

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