u meant that it is the purchaser who is liable to deduct TDS and pay to the govt?
What is the case if the transferee is an individual non resident and he doesn,t have any TAN No. then who will be treated as representative assesse?
what will be roll of the indian company whose shares are being transferred ?
Hi, this is CA Anish Abrol from Jammu, your SSI Exemption notification is really helpful but i am not able to find this case any where online ""Faridabad Tools Pvt Ltd v/s CCE (2002-TIOL-79-CESTAT-DEL-SB"". Can you please mail me this case law if possible. My email id is email@example.com
This will be helpful. Thanks
Reading this case and judgement it is very clear that by common sense, the AO should not have disallowed the deduction. But, the greater point is how can a tax payer live a stressfree life when such excesses are happpening. Also what reprimand the Govt has for erring AOs. For the democracy to function, there must be counter sue mechanism where Govt is liable for pain, suffering and financial loss caused by erring AO. Are there provisions for this. pl comment