2 results for “TDS”+ Section 12clear
Sorted by relevance
Bench: HON'BLE MR. JUSTICE SANJEEV KUMAR,HON'BLE MR. JUSTICE PUNEET GUPTA
TDS. The CIT (A) did not agree with the Assessing Authority that in terms of Chapter 13 of the Finance and Accounts Manual of the NRRDA, it was obligatory on the assessee/Bank to deduct tax at source while paying/releasing the interest on the amount lying in the FDRs. The CIT (A) has very ably explained the distinction between Chapter