Supreme Court: VAT is Not Applicable on Reliance’s Inter-State Gas Supply from KG Basin to UP  ||  Supreme Court: Co-Owner Can File Eviction Suit as Landlord under Bombay Rent Act  ||  Supreme Court: Mediclaim Reimbursement Cannot be Set off Against Accident Compensation  ||  SC: Hindu Succession Act 2005 Amendment Does Not Curtail Daughters’ Existing Inheritance Rights  ||  SC: Loans May be Treated as Deposits under MPID Act, Private Individuals as Financial Establishments  ||  Supreme Court: Preventive Detention Unwarranted When Ordinary Law Suffices to Maintain Order  ||  Supreme Court: Tenant’s Defence Cannot be Struck off Without Checking Wilful Rent Default  ||  Allahabad High Court: Disposing Non-Veg Food in Ganga May Hurt Hindu Religious Sentiments  ||  J&K&L High Court: Similarity With Police Dossier Alone Not Enough to Quash Preventive Detention  ||  Patna High Court: Convict on Bail Can Still Seek Premature Release    

ITAT, Bangalore: Subsidy Expenditure Does Not Attract TDS Provision - (29 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Bangalore has ruled that subsidy expenditure not attracts Tax Deducted at Source provision and set asides the order disallowing subsidy under Section 40(a)(ia) of the Income Tax Act, 1961.

Tags : INCOME TAX APPELLATE TRIBUNAL   TAX DEDUCTED AT SOURCE   SECTION 40(A)(IA)   INCOME TAX ACT   1961  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved