Disallowance u/s 40(a)(ia) can be invoked only in event of non–deduction of tax and not for lesser deduction of tax

Sales tax cannot be imposed on the basis of work contract of supply of goods from Mumbai to Delhi.

Fwd: [News] Income—Accrual—Salary accrued to non-resident seafarer for services rendered outside India credited in NRO account

One Nation One Tax but Different Deadlines for Different states !!

Section 40a (ia) contemplates disallowance only where tax has not been deducted or where, after deduction, it is not paid.

Summary of Union Budget 2020-21

Budget 2020: Overviewof changes in the Direct Tax provisions

Budget 2020 Special: No tax audit by MSME if it’s turnover doesnot exceeds Rs. 5 Crore

Applicability of Tax deduction at source u/s nder section 194C in respect of payment made to dealers for providing services to ultimate customers in lieu of free service coupons surrendered by them

BUDGET AT A GLANCE

compliance calender for the month of February Inbox

Highlights of Budgets

VIA Pre Budget Memorandum

GST Returns Date Extension Likely ?

Circle Rate cannot be the basis for treating it as the fair market value of the property : Delhi HC

New Functionality in Income Tax Portal for complying with section 269SU

Revised All Industry Rates of Duty Drawback

Employees’ contribution to EPF and ESIC deposited beyond the due date prescribed under section 36(1)(va) would not be eligible for deduction even if deposited before the due date of filing the return of income tax under section 139(1): Madras High Court