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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

TDS u/s 194J - when the ‘transaction charges’ paid by the ...


Stock Exchange transaction charges not 'technical services' u/s 194J; no disallowance needed u/s 40(a)(ia).

December 8, 2017

Case Laws     Income Tax     AT

TDS u/s 194J - when the ‘transaction charges’ paid by the assessee to the Stock exchange cannot be held as ‘fees for technical services’, no disallowance of the aforesaid amount would be called for in the hands of the assessee under Sec. 40(a)(ia). - AT

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