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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Non deduction of TDS from transport payments u/s. 194C - Once ...


Verbal Transport Contracts Must Deduct TDS u/s 194C or Face Expense Disallowance u/s 40(a)(ia.

March 7, 2015

Case Laws     Income Tax     AT

Non deduction of TDS from transport payments u/s. 194C - Once there is a verbal contract the provision of section 194C will apply and once provisions of section 194C apply the provisions of 40(a)(ia) of the Act will apply. - AT

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