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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Payments made for sharing of utilities - whether do not attract ...

Case Laws     Income Tax

April 14, 2015

Payments made for sharing of utilities - whether do not attract section 194C - The payment made to Weizmann group of is not in the nature of income but was expenditure reimbursed which cannot be regarded as a revenue receipt - No TDS u/s 194C - HC

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