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Wheeling charges paid for transmission of electricity would attract TDS under sec. 194C instead of sec. 194J
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Corporate Tax
Wheeling charges paid for transmission of electricity would attract TDS under sec. 194C instead of sec. 194J
Posted on
on
March 13, 2015
Tenet Tax Daily March 09 2015
By
tenettax-team
Corporate Tax
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HC grants Sec. 80-IA relief on gains attributable to captive consumption of power generated from windmill
Club subscription paid by Co. on behalf of its managing director was personal exp; disallowable under Sec. 37(1)