TDS u/s 194C - payment was made to goldsmiths for making charges ...

Assessing Officer's Addition Deleted as Payments to Goldsmiths Were Within Limits, CIT(A) Order Set Aside u/s 40(a)(ia.

February 12, 2021

Case Laws Income Tax AT

TDS u/s 194C - payment was made to goldsmiths for making charges - The payment made was less than ₹ 20,000/- and aggregate payment does not exceed the sum of ₹ 50,000/- as per the details furnished by the assessee. This fact was not disputed by the Ld.CIT(A). Therefore, we set aside the order of the Ld.CIT(A) and delete the addition made by the AO u/s 40(a)(ia). - AT

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TDS u/s 194C - payment was made to goldsmiths for making charges ...

Assessing Officer's Addition Deleted as Payments to Goldsmiths Were Within Limits, CIT(A) Order Set Aside u/s 40(a)(ia.

February 12, 2021

Case Laws Income Tax AT

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