The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Daikin Industries Ltd. v. ACIT partly allowing the appeal held that unless the payer actually deducts tax at source, the liability to pay advance tax and interest will continue in the hands of the payee. The issues in the […]
The post Interest can’t be Levied If Income is not actually subjected to TDS and No Liability to Pay Advance Tax: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2sIyNqa
No comments:
Post a Comment