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Tag: Non-TDS Deduction

ITAT restricts Non TDS Deduction disallowance to 30%

Posted on June 11, 2022 By admin No Comments on ITAT restricts Non TDS Deduction disallowance to 30%
ITAT restricts Non TDS Deduction disallowance to 30%

Amendment bought to remove hardship retrospective: ITAT restricts Non TDS Deduction disallowance to 30% The facts in brief are that the assessee in the present case is an individual and engaged in the trading business of wheat, groundnut, seeds of groundnut. The assessee in the year under consideration has incurred go-down rent expenses amounting to…

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