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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

TDS u/s 194C - Disallowance u/s 40(a)(ia) - when the amount in ...

Case Laws     Income Tax

January 18, 2018

TDS u/s 194C - Disallowance u/s 40(a)(ia) - when the amount in question was paid by the assessee to the concerned 3 persons at the fixed rate on monthly basis for the specified services rendered by them, there was bound to be an oral contract on the basis which the services were agreed to be rendered on retainership basis - the amount in question was liable to be disallowed u/s 40(a)(ia) - AT

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