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Amendment safeguarding TDS disallowance on payment of tax by payee has retro-effect
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Corporate Tax
Amendment safeguarding TDS disallowance on payment of tax by payee has retro-effect
Posted on
on
February 20, 2016
Tenet Tax Daily February 10 2016
By
tenettax-team
Corporate Tax
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Cash purchases from Pheriwalas in excess of Rs 20,000 doesn’t attract disallowance
Receipt of excess premium on shares by a co. having lower net-worth leads to income escaping assessment
