TDS u/s 195 - Disallowance invoking section 40(a) on account of ...

Case Laws Income Tax

November 16, 2021

TDS u/s 195 - Disallowance invoking section 40(a) on account of Foster’s Brand - said amount was capitalized by the assessee in the books under Fixed Assets and depreciation on the same was claimed @ of 25% under section 32(1) - following the earlier decisions, no additions can be made - CIT(A) has rightly deleted the additions. - AT

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TDS u/s 195 - Disallowance invoking section 40(a) on account of ...

Case Laws Income Tax

November 16, 2021

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