ITAT directed bank to furnish details to prove that its customers paid tax on interest on which tax wasn’t deducted

INCOME TAX : Where assessee-bank had not deducted TDS on interest paid to customers but Assessing Officer was satisfied that customers had shown interest income in their respective return of income and had remitted tax on it, then assessee should not be treated as an assessee-in-defaultINCOME TAX : Where assessee-bank had not deducted TDS on interest paid to customers but Assessing Officer was satisfied that customers had shown interest income in their respective return of income and had remitted tax on it, then assessee should not be treated as an assessee-in-defaultwww.taxmann.com Latest Case LawsRead More

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