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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

TDS liability - Furnishing of PAN by the transporters (GTA) - ...


Clarification on TDS Liability for Transporters: Sections 194C(6) and 194C(7) Operate Independently, Avoid Disallowance Issues.

June 30, 2018

Case Laws     Income Tax     AT

TDS liability - Furnishing of PAN by the transporters (GTA) - section 194C(6) and 194C(7) are independent of each other and cannot be read together to attract disallowance u/s. 40(a)(ia) of the Act r.w.s. 194C of the Act.

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