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Income in Form 26AS doesn’t show that it belongs to assessee if fraudster obtained it in assessee’s name

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  • Income in Form 26AS doesn’t show that it belongs to assessee if fraudster obtained it in assessee’s name
Posted onon September 25, 2015

Tenet Tax Daily September 22 2015

By tenettax-team
Corporate Tax, Individual Taxation

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No disallowance of royalty paid to AE for export of goods by holding that assessee was contract manufacturer
Payer can’t escape TDS liability on basis of Form 15G if amount of interest exceeds basic exemption limit of payee

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