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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

TDS on provisions made at the end of the year - adhoc provision ...


Court Rules No Default for Initial Non-Deduction of TDS on Year-End Provisions; Compliance Met with Actual Expenses.

June 4, 2015

Case Laws     Income Tax     AT

TDS on provisions made at the end of the year - adhoc provision so made was reversed in the succeeding year in which actual expenses were booked under specific heads and TDS compliance was also made - Assessee cannot be treated as in default - AT

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