In a ruling granting TDS relief to the telecom giants, Vodafone, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that TDS provisions under section 194H of the Income Tax Act, 1961 is not applicable on the sale of recharge vouchers and pre-paid vouchers to the sole distributors. During the relevant assessment proceedings, […]
from Taxscan | Simplifying Tax Laws https://ift.tt/2XuaQlQ
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