TDS - When Conversion Charges and Administrative expenses were ...
Payments for conversion charges reimbursed by turnover, excluding profit, not subject to TDS u/s 194C.
February 24, 2012
Case Laws Income Tax AT
TDS - When Conversion Charges and Administrative expenses were paid without any formal agreement and the actual expenses were reimbursed or shared on the basis of turnover and cost without including any profit element. Such payments are not subject to TDS under 194C. - AT
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