Judgements by CA.Tarun Maheshwari

Liaility of TDS not advised by CA_Penalty cancelled

CA.Tarun Maheshwari 19 August 2008 at 01:48

the assessee had made certain payments for fabrication charges, but had not deducted tax at source. The Assessing Officer held that the assessee has failed to deduct tax at source u/s.194C. The contention of the assessee was that it was not advised b

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Liability due to Exchange Fluctuation

CA.Tarun Maheshwari 11 August 2008 at 16:37

The assessee obtained orders from foreign buyers with advance payment to be adjusted against supplies to be made. The assessee had to supply in future more quantities than what was originally agreed due to rupee devaluation. The assessee treated th

Posted in Income Tax | 33 Views