Daily Archives: January 24, 2013

Credit for TDS allowed if Income shown in certificate is offered for tax despite certificate is not in Assessee name

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Assessee is entitled to the credit of the TDS mentioned in the TDS certificates issued by the contractor, whether the said certificate is issued in the name of the Joint… Read more »

S.194H TDS not deductible on charges for utilization of credit card facilities

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Commission paid to the credit card companies cannot be considered as falling within the purview of S.194H. Even though the definition of the term commission or brokerage used in the… Read more »