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No TDS disallowance on payment of taxes by payee; proviso to sec. 40(a)(ia) effective prospectively from 1.4.2013
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Corporate Tax
No TDS disallowance on payment of taxes by payee; proviso to sec. 40(a)(ia) effective prospectively from 1.4.2013
Posted on
on
December 26, 2014
Tenet Tax Daily December 26 2014
By
tenettax-team
Corporate Tax
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No concealment penalty on assessee when it had declared capital gains but disputed its tax liability
Mere shortage in jewellery found during survey wouldn’t be deemed as undisclosed investment by jeweller
