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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Disallowance u/s 40(a)(ia) - amount paid to seconded employees ...


No Tax Deduction Needed for Seconded Employees: No Interest Imposed u/s 201(1A) per Ruling on Section 40(a)(ia).

November 4, 2015

Case Laws     Income Tax     AT

Disallowance u/s 40(a)(ia) - amount paid to seconded employees on which tax is not deducted at source - since the assessee was not liable to deduct tax under s. 194J, there is no question of levying any interest also under s. 201(1A) - AT

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