![No TDS on Software Trading If Sales Tax is Already Remitted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-on-Software-Trading-TDS-Sales-Tax-ITAT-Income-Tax-taxscan.jpg "No TDS on Software Trading If Sales Tax is Already Remitted: ITAT [Read Order]")
No TDS on Software Trading If Sales Tax is Already Remitted: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that no tax is required to be deducted at source on software trading if sales...
![Interest paid to Legal Heirs of Deceased Partners cannot be Disallowed If TDS already Deducted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Interest-Interest-paid-Legal-Heirs-Deceased-Partners-TDS-ITAT-Taxscan.jpg "Interest paid to Legal Heirs of Deceased Partners cannot be Disallowed If TDS already Deducted: ITAT [Read Order]")
![Security Charges Not subject to TDS u/s 194C of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Security-Charges-TDS-Income-Tax-Act-ITAT-TAXSCAN-1.jpg "Security Charges Not subject to TDS u/s 194C of Income Tax Act: ITAT [Read Order]")
![TDS Not Applicable to Trade Discount to Customers: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-Trade-Discount-Discount-Customers-ITAT-taxscan.jpg "TDS Not Applicable to Trade Discount to Customers: ITAT [Read Order]")
Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]
The Finance Minister Nirmala Sitharaman has presented the Union Budget of 2023, by delivering the budget speech. The budget proposed minor changes to tax policies, allocation of government spending,...
![Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Budget-2023-Income-Tax-Customs-GST-TAXSCAN.jpg "Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]")
Union Budget 2023: Govt Proposes Measures for Widening & Deepening Of Tax Base And Anti Avoidance [Read Finance Bill]
In a significant move, the Union Budget 2023 has proposed the measures for widening & deepening of tax base and anti avoidance. It is proposed to extend the deemed income accrual provision...
Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no Tax Deducted at Source (TDS) shall be deducted as payment to vendors for procuring goods including cloths and footwears...
![Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Payments-Payments-to-Vendors-Procuring-Goods-Clothes-and-Footwear-Works-Contract-TDS-ITAT-taxscan.jpg "Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]")
“Transponder Charges” are not Royalty as Indo-US Treaty, No TDS: ITAT grants relief to Viacom 18 Media [Read Order]
The Income Tax Appellate Tribunal ( ITAT) , Mumbai Bench, has recently, while granting relief to Viacom 18, held that transport charges are not royalty as Indo- US treaty and hence that there is no...
![“Transponder Charges” are not Royalty as Indo-US Treaty, No TDS: ITAT grants relief to Viacom 18 Media [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Transponder-Charges-Royalty-Indo-US-Treaty-TDS-ITAT-Viacom-18-Media-TAXSCAN.jpg "“Transponder Charges” are not Royalty as Indo-US Treaty, No TDS: ITAT grants relief to Viacom 18 Media [Read Order]")