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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

TDS liability on Interest u/s 194A - Since there is neither any ...

Case Laws     Income Tax

September 3, 2018

TDS liability on Interest u/s 194A - Since there is neither any borrowing of money nor incurring of debt on the part of the assessee, in the present factual scenario, interest as defined under section 2 (28A) of the Act can have no application to such payments.

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