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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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Corporate Tax
No TDS credit available if assessee had failed to offer corresponding income to tax in relevant year
Posted on
on
March 7, 2015
Tenet Tax Daily March 05 2015
By
tenettax-team
Corporate Tax
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Sum paid to NR for support services utilized in overseas contract isn’t liable to TDS
Mere mentioning of country’s name and detail of exp. don’t indicate purpose of foreign travel exp.; disallowable
