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Income Tax - Highlights / Catch Notes

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Provisions of section 194C are not attracted in the case of ...


Section 194C Exemption: Joint Venture Payments to Members Not Taxable, Confirms ITAT Hyderabad in KCEL-MEIL Case.

July 5, 2016

Case Laws     Income Tax     AT

Provisions of section 194C are not attracted in the case of payments made by the Joint Venture to its constituent members - Relied upon KCEL-MEIL (JV) [2015 (1) TMI 744 - ITAT HYDERABAD].

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