Does an opinion by a CA Firm regarding non applicability of TDS on factoring charges will hold good if the same has not been exempted by the IT dept.?
Menu
Opinion vs. Order by IT dept.
Replies (1)
I think factoring charges will be included in 194J , technical services . TDS to be deducted . It should be remembered that the consequences are to faced by you , not the learned CA , so i guess take a second opinion.
Definition :: A Factor is a financial institution which offers services relating to management and financing of debts arising from credit sales. The service provided by the factors is known as Factoring
Recent Threads
- 234 f penalty
- GST REGISTRATION FOR CARPENTER WORK
- Standard deduction for family pensioners
- Concerning tax savings or understanding the long-t
- F&O losses
- Is form 10 IE needed in this case?
- TDS on purchase of property more than 50 lakhs
- Withdrawal from post NSS
- Section 10(11) or 10(12) of exempted income
- New income tax act
Related Threads
CAclubindia
