Mumbai – Program on Practical Issues in Tax Deduction at Source (TDS) with latest amendments – July 9
Program on Practical Issues in Tax Deduction at Source (TDS) with latest amendments Date & Time : Tuesday, July 9, 2013 - 09.30 a.m. to 5.30 p.m. (Registration & breakfast: 9.00 to 9.30 am) Venue : VITS Hotels, Andheri-Kurla Road, Beside Trade Star Building, Kondivita Lane, Mumbai - 400059 Benefits/ learning objectives: Over the years… Read More
Tags: Accounts payable, Income tax, Income Tax Act 1961, Kandivali, Labour law, Mumbai, Oriental Bank of Commerce, Section 194C, section 194i, section 194j, section 40, Tax, Tax Deduction at Source, TDS, Vendor payment
Section 194C TDS does not apply to contract manufacturing agreements
CIT vs. Silver Oak Laboratories P. Ltd (Supreme Court) CLR Editorial Notes: The assessee in this case related to Section 194C, is a manufacturer of pharmaceutical products. The assessee entered into various agreements with multiple manufacturers who manufactured items according to the specifications provided by the assessee. The Assessing Officer held that the transaction between… Read More
Tags: 201(1), 201(1A), Appeal, High Court, India, Manufacturing, Reebok India 306 ITR 124 (Del), Section 194C, Supreme Court