Society collecting Rent on behalf of Govt eligible for Receiving Credit of TDS: ITAT [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income tax department should allow credit of TDS paid by the society who collects rent on behalf of the Government since such rent its income and the amount of rent paid back to the Government is its expenses. The […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3679NMv