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No TDS credit available if assessee had failed to offer corresponding income to tax in relevant year

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  • No TDS credit available if assessee had failed to offer corresponding income to tax in relevant year
Posted onon January 31, 2015

Tenet Tax Daily January 31 2015

By tenettax-team
Corporate Tax

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Wheeling charges paid for transmission of electricity would attract TDS under sec. 194C instead of sec. 194J
HC grants Sec. 80-IA relief on gains attributable to captive consumption of power generated from windmill

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