The Income Tax Appellate Tribunal (ITAT), Bangalore has deleted the penalty against State Bank of India (SBI) on not deducting tax at source from the payment towards Leave Travel Concession consisting of foreign travel. The Assessee is a banking institution and the survey under section 130A of the Act was conducted on 26/12/2013, to verify […]
from Taxscan | Simplifying Tax Laws https://ift.tt/31JFECD
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