Wednesday, September 18, 2019

Sum paid to arbitrator is in nature of professional payments; sec. 194J TDS leviable: ITAT

INCOME TAX: In case of payments made to arbitrators, since amount paid is in nature of professional services rendered by legal professionals involved in profession/occupation/vocation of arbitration, same is liable to TDS as per provisions of section 194J

from www.taxmann.com Latest Case Laws https://ift.tt/34TOAEP

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...