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Chit fund dividend paid to customers couldn’t be treated as interest; not liable to sec. 194A TDS

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  • Chit fund dividend paid to customers couldn’t be treated as interest; not liable to sec. 194A TDS
Posted onon July 27, 2015

Tenet Tax Daily July 25 2015

By tenettax-team
Corporate Tax

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Royalty wasn’t taxable at concessional rate under sec. 115A if it wasn’t received in pursuance of an agreement
Tax exemption claim of society was to be allowed after examining whether all its members belonged to Scheduled Tribe

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