TDS liability on year end provisions of expenses - Assessee in ...

Case Laws Income Tax

May 31, 2023

TDS liability on year end provisions of expenses - Assessee in default u/s 201(1) - non-deduction of TDS on provision for expenses made at the end of the year u/s 194C, 194I and 194J - in the absence of an ascertainable amount and identifiable payee, the machinery provisions of recovering tax deducted at source falls flat because in either way, it does not aid the charge of tax u/s 4 of the Act, but, takes a form of separate levy independent of other provisions of the Act. - AT

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TDS liability on year end provisions of expenses - Assessee in ...

Case Laws Income Tax

May 31, 2023

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