Revision u/s 263 - allowability of sales promotion incentive ...

Section 263 Revision: Sales Promotion Incentive Not Subjected to TDS u/s 194H, AO's Oversight Sustains Revision.

August 4, 2023

Case Laws Income Tax AT

Revision u/s 263 - allowability of sales promotion incentive which was admittedly not subjected to TDS under section 194H - We fail to understand how the AO has allowed the impugned expenditure without examining / verifying the agreement entered into between the assessee (the payer) and its dealers (the payees). - Revision proceedings sustained - AT

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Revision u/s 263 - allowability of sales promotion incentive ...

Section 263 Revision: Sales Promotion Incentive Not Subjected to TDS u/s 194H, AO's Oversight Sustains Revision.

August 4, 2023

Case Laws Income Tax AT

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