Query regarding tds deduction
whether tds would be deducted on payment to the official liquidator as per high court order??
Replies (3)
in the decision of the Supreme Court
in Aggarwal Chamber of Commerce case has no application to the facts on hand. The facts in the cited case disclose that the firm went into liquidation. While accounting theamounts to the Liquidator the appellant had effected TDS. Official Liquidator insisting
payment without effecting TDS. In the context of said facts it is held that deducting the
TDS from the payment is justified.
in the decision of the Supreme Court
in Aggarwal Chamber of Commerce case has no application to the facts on hand. The facts in the cited case disclose that the firm went into liquidation. While accounting theamounts to the Liquidator the appellant had effected TDS. Official Liquidator insisting
payment without effecting TDS. In the context of said facts it is held that deducting the
TDS from the payment is justified.
Thanks sir
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
