TDS u/s 196C - non deduction of TDS on premium/interest payable ...
No TDS Deduction Required for FCCB Redemption Premium Reversed in Subsequent Year u/s 196C.
June 1, 2016
Case Laws Income Tax AT
TDS u/s 196C - non deduction of TDS on premium/interest payable on redemption of FCCB by amortization on pro-rata basis of implicit rate of return - TDS is not liable to be deducted on mere provision which was reversed during the next year - AT
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