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Additions upheld for cash credits as identity and creditworthiness of share applicants were doubtful
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Corporate Tax
Additions upheld for cash credits as identity and creditworthiness of share applicants were doubtful
Posted on
on
January 9, 2015
Tenet Tax Daily January 09 2015
By
tenettax-team
Corporate Tax
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HC deletes penalty for late issuance of TDS certificate as deductor was unaware of frequent amendments in Rule 31
No penalty if TDS default committed by partner on payments to firm due to bona-fide belief of non-deduction of tax
