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Compounding fee paid to municipality on deviation from sanctioned plan was in nature of penalty, disallowable
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Corporate Tax
Compounding fee paid to municipality on deviation from sanctioned plan was in nature of penalty, disallowable
Posted on
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November 22, 2014
Tenet Tax Daily November 19 2014
By
tenettax-team
Corporate Tax
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Short deduction of tax due to application of wrong provision won’t lead to sec. 40(a)(ia) disallowance
No sec. 192 TDS on sums paid to consultant-doctors even if agreement prohibits them from taking other assignments
