Failure to deduct tax at source - disallowance restricted to 30%

rajat aggarwal , Last updated: 07 August 2014  
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As per the existing provision of section 40(a)(ia), any payment made by way of interest, commission, brokerage, rent, royalty, fee for professional services, fee for technical services, payment to a contractor or sub-contractor on which tax is deductible at source but is not deducted is not allowed

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Published by

rajat aggarwal
(Tax Consultant)
Category Service Tax   Report

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