TDS u/s 195 - on receiving advance payment, one may compensate ...

TDS Required u/s 195 for Advance Payments, Regardless of Whether Compensation is Called Interest or Discount.

January 9, 2015

Case Laws Income Tax AT

TDS u/s 195 - on receiving advance payment, one may compensate the maker of advance payment by way of allowing interest or the same benefit can be given the name of discount but merely because a different nomenclature has been given, it does not change its character - TDS was deductible u/s 195 - AT

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TDS u/s 195 - on receiving advance payment, one may compensate ...

TDS Required u/s 195 for Advance Payments, Regardless of Whether Compensation is Called Interest or Discount.

January 9, 2015

Case Laws Income Tax AT

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