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No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’
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Corporate Tax
No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’
Posted on
on
October 12, 2018
Tenet Tax Daily September 29 2018
By
tenettax-team
Corporate Tax
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Sec. 40(ba) couldn’t be invoked if payment made by AOP to its members was mere reimbursement of exp.
ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period