Friday, May 30, 2014

[aaykarbhavan] ITAT : Hire purchase payment towards rent, not finance charges, subject to TDS u/s 194I



May 30 2014
ITAT upholds Sec. 40(a)(ia) disallowance, payment under hire purchase (HP) transaction subject to TDS u/s 194I; Hire charges amounts to consideration money or rental payments, not financial charges 

courtesy: tax sutra
 
Regards
Prarthana Jalan


__._,_.___
Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com




__,_._,___
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)