Actual Turnover of Kaccha Aarahtias is Commission Charged, Does not include Sales affected on Behalf of Principals: ITAT grants Full TDS Grant to Agent [Read Order]
The bench held that the assessee is only a licensed commission agent and directed the department to grant credit of the entire amount deducted as tax at source in the case of the assessee
In a recent case, the Vishakapatanam bench of the Income Tax Appellate Tribunal ( ITAT ) directed the department to grant full TDS credit to the assessee as he is a commission agent. It noted the Central Board of Direct Taxes ( CBDT ) circular stating that the actual turnover of Kaccha Aarahtias is the…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
