Tuesday, April 22, 2014

[aaykarbhavan] ITAT : Adjusting expenditure against receipt amounts to 'constructive payment', liable to TDS u/s 195



April 23 2014
Machinery hire charges paid by non-resident sub-contractor (assessee) to non-resident contractor without TDS liable for Sec 40(a)(i) disallowance

Courtesy: Taxsutra
 
Regards
Prarthana Jalan


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