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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

TDS u/s 194C on Freight - booking only net profit out of the ...


Court Upholds TDS on Freight Transactions, Disallowance Confirmed u/s 40(a)(ia) for Reduced Freight Payments.

September 28, 2015

Case Laws     Income Tax     AT

TDS u/s 194C on Freight - booking only net profit out of the transaction - trucks are hired from open market to provide GTA service and freight is being paid by the assessee at lesser rate - disllowance u/s 40(a)(ia) confirmed - AT

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