TDS @ 10% is applicatie only on dividend payment and no tax shall be required by Mutual Fund on income which is in the nature of capital gains.
Income Tax Department Raid in Tamil Nadu on prominent persons in Film Industry : Concealment of Rs. 300 Crore Expected
Big Relief Direction to Rajsthan State for filling GSTR 9 and 9C without late fees till 12th Feb by Hon’ble Rajasthan High Court in PIL filed by TBA, Jodhpur vs UOl
Disallowance u/s 40(a)(ia) can be invoked only in event of non–deduction of tax and not for lesser deduction of tax