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Income Tax - Highlights / Catch Notes

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TDS u/s 194C - reimbursement of expenses - no good reason or ...


TDS Not Applicable on Expense Reimbursements u/s 194C; No Evidence to Classify as Income or Profit.

October 12, 2017

Case Laws     Income Tax     AT

TDS u/s 194C - reimbursement of expenses - no good reason or evidence on record to hold that the expenditure incurred by the Assessee- AOP in the present fact situation would partake the character of income or profit, liable to tax deduction at source by the payer

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