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Provisions of Sec. 194C couldn’t be triggered in absence of any contract to get work done

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Posted onon March 23, 2018

Tenet Tax Daily March 19 2018

By tenettax-team
Corporate Tax

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Section 206AA – levy of tax on outward remittances in hands of payer would be as dictated by provisions of treaty and not under section 206AA
HC allowed provision made for interest on overdue deposits as liabilities crystallized in current yr

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