[aaykarbhavan] No TDS liability under sec. 194H if exp. incurred for rendering free services were wrongly recorded as commission

No TDS liability under sec. 194H if exp. incurred for rendering free services were wrongly recorded as commission

October 13, 2014[2014] 49 taxmann.com 314 (Kolkata - Trib.)/[2014] 32 ITR(T) 336 (Kolkata - Trib.)

IT : Where payment of rent did not exceed limit of Rs. 1,20,000 specified under section 194-I, assessee was not liable to deduct TDS

IT : Where expenses were wrongly ledgerised under commission account while expenses were, in fact, for free services, assessee was not liable to deduct TDS

IT : Where payment of advertisement and publicity expenses was below specified limit of Rs. 50,000 in whole of year, assessee was not liable to deduct TDS

IT : Where PF and ESI were not made within due date of respective Acts but were paid within due date of filing of return of income, deduction was to be allowed

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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