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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

TDS liability - The contention of the Revenue that assessee ...


Revenue's Claim of Cash Accounting System Rejected; Expenses Recorded and TDS Deducted Upon Determination.

July 19, 2016

Case Laws     Income Tax     AT

TDS liability - The contention of the Revenue that assessee followed cash system of accounting in respect of the expenses in reference is not correct as the expenses have been accounted for as and when ascertained and TDS was also deducted at that point of time. - AT

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