Monday, November 18, 2019

Difference in Accounting Policy can be Reasonable Explanation for TDS differential: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai, held that the differences in the accounting policy followed by the taxpayer and its clients, who have deducted TDS, could explain the TDS Return differential. The Tribunal consisting of Shri. Mahavir Singh, and Shri. Ramit Kochar clarified this while disposing of the case, TUV India Pvt. Ltd v. […]

The post Difference in Accounting Policy can be Reasonable Explanation for TDS differential: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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