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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

TDS u/s 194A on Interest - Disallowance of re-imbursement of ...


Court Rules Against Disallowance of Interest Reimbursement u/s 40(a)(ia) for Payments via Parent Company.

June 6, 2012

Case Laws     Income Tax     AT

TDS u/s 194A on Interest - Disallowance of re-imbursement of interest u/s.40(a)(ia) - payment of interest through the parent company - no justification to invoke the provisions of sec.40(a)(ia) of the Act in making the disallowance. - AT

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