TDS on Purchase of Goods & its inter play with TCS provision on sale of Goods
1 Comment
TDS on Purchase of Goods & its inter play with TCS provision on sale of Goods Section 206C(1H) was added…
TDS on Purchase of Goods & its inter play with TCS provision on sale of Goods
Recent Posts
- Allotment date & not registration date is relevant for determining the holding period for capital Assets as Long-Term or Short-Term
- When Luxury Meets Tax: CBDT’s New TCS Rules for Watches, Home Theatres — and Even Horses!
- Rejection of Books of Accounts: The profit estimation cannot be arbitrary or without any basis.
- CBDT Circular 05/2025 for Waiver of Interest levy in specified cases
- Compensation received for removing the nuisance should be treated as a capital receipt and hence not taxable: ITAT Mumbai
- Unaccounted amount of Rs 103 cr credited to the account of a rickshaw driver: ITAT deleted the addition
- Whether retraction of statement, without discrediting corroborative evidence, is insufficient to nullify additions under Sections 69A and 69C?
- GST: No adverse inference can be drawn against the purchasing dealer merely because the supplier’s registration was cancelled later
- Interest received in respect of delayed payment of compensation to be treated as accruals to the principal compensation amount
- Scheme of Section 144B only requires service of a draft assessment order along with the SCN in case of eligible Assessee
