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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Interest paid u/s 201(1A) on TDS on payment by assessee - CIT(A) ...

June 15, 2020

Case Laws     Income Tax     AT

Interest paid u/s 201(1A) on TDS on payment by assessee - CIT(A) allowed the deduction following the decision of Karnataka High Court - However, jurisdictional High Court of Bombay has decided the issue against the assessee - Additions confirmed.

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