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Articles by Bikash Gupta

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Proprotionate disallowance of Interest paid on unsecured loan given to third party

  Bikash Gupta    19 December 2019 at 11:23

Proprotionate disallowance of Interest paid on unsecured loan given to third party



TDS on Payment made to the carrier engaged for road transport

  Bikash Gupta    16 December 2019 at 10:10

The assessee-company was engaged in refining crude oil and storing, distributing and selling the petroleum products, The assessee-company required trucks for road transportation of bulk petroleum products from its various storage points to customers or other storage points. It entered into an agreement with another company for the said purpose.