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Tuesday, September 16, 2025

Month: December 2012

Grossing up in absence of PAN should be at rates in force and not at 20%

As regards the grossing up u/s 195A of the Income-tax Act is concerned, we find that the provision reads as under: [In a case other…

View More Grossing up in absence of PAN should be at rates in force and not at 20%

TDS not applicable on service rendered by Tenants Association to members even if the same is for remuneration

On the facts of the present case, we have noted that there is no finding by any of the authorities below that services are rendered…

View More TDS not applicable on service rendered by Tenants Association to members even if the same is for remuneration

If non deduction of TDS on Salary is pursuant to HC order Assessee not liable for consequences u/s. 201

Section 192 deals with the deduction of tax at source. It is computed on the estimated income of the assessee under the head salary and…

View More If non deduction of TDS on Salary is pursuant to HC order Assessee not liable for consequences u/s. 201

Take penal action against TDS defaulters : govt directs

The Revenue Department has asked its officials to take action against those entities which do not promptly deposit with exchequer the tax they collect at…

View More Take penal action against TDS defaulters : govt directs

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