Liability of TDS u/s 194C(2) of Transporters for further payments to trucks owners/operators. Supreme Court explains the Law ABCAUS Case…
No disallowance u/s 40(a)(ia) when TDS deposited within extended time for ITR filing. Even otherwise over a period of two…
TDS Provision not applicable where no claim of expenditure was made by the assessee and assessee suo motu made disallowance…
Disallowance us 40(a)(ia) applies to amounts paid also-Supreme Court. Allahabad HC judgment holding that it applies to amount payable at…
No concealment penalty-non disclosure of disallowance 40(a)(ia) in computation of income as the issue is debatable due to High Court…
No disallowance us 40(a)(ia) as labour charges paid were salary when PF-ES deducted regularly. Salary us 17(1) includes wages and…
In its latest judgment, the Supreme Court has held that the transaction charges paid to the Bombay Stock Exchange by its…
Mere hiring of vehicle without any risk associated with the carriage of goods does not amount to carrying out any…