The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the advertisement charges paid to an agency which is a franchisee of a newspaper would attract TDS under section 194 of the Income Tax Act, 1961. The assessee, Harsha Agencies, is a franchisee of ‘The Hindu’, paid a certain amount to “The Hindu” newspaper […]
from Taxscan | Simplifying Tax Laws https://ift.tt/2WFGH3a
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