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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

TDS u/s 194H - The sale of prepaid sim cards and RCVs by the ...


Prepaid SIM card sales to distributors are principal-to-principal, not subject to Section 194H tax deduction rules.

May 2, 2018

Case Laws     Income Tax     AT

TDS u/s 194H - The sale of prepaid sim cards and RCVs by the assessee to the distributors are on principal–to–principal basis, hence, outside the ambit of section 194H of the Act. - AT

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