Daily Archives: April 25, 2020

Reassessment based on search in third party is valid : HC

By | April 25, 2020
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Assessing Officer: Reassessment based on search in third party is valid as there are Reasons to believe : HC A perusal of the appraisal report, on which reliance has been placed by the Assessing Officer, reveals that there was sufficient material for the Assessing Officer to form the belief that income chargeable to tax has… Read More »

Sec 194J TDS applicable on Toll Free Telephone charges : ITAT

By | April 25, 2020
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Sec 194J TDS applicable on Toll Free Telephone charges : ITAT Payments made are towards toll-free telephone charges paid for toll free telephone number provided by telecom operators, whereby charges for calls made by consumers to the toll-free number is borne by assessee. These are dedicated private circuit lines available to assessee. In other words,… Read More »