No TdS Deductible on Delayed Payment Made on Purchased Bills.
CA AYUSH AGRAWAL (Kolkata-Pune-Mumbai) (26986 Points)
10 January 2013No TdS Deductible on Delayed Payment Made on Purchased Bills.
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 10 January 2013
No TDS Deductible on LC Discounting Charges paid, Not Defined Under 2(28) of Interest definition.
Case of CARGIL GLOBAL TRADING I.P.LTD.
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 10 January 2013
A Expert View on TDS Deductible, No TDS Deductible as Per SK Tyagi ji.
Courtesy:- SK Tyagiji, Pune (https://sktyagidt.com)
Live class on PF & ESI Enrollment & Returns Filing(with recording)