15 July 2024


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ITAT, New Delhi: Interest on Enhanced Compensation Does Not Come u/s 56 IT Act - 08.04.2022

Income Tax Appellate Tribunal( ITAT ), New Delhi has observed that received interest on enhanced compensation does not comes under income from other sources under section 56 and not attracts Tax Deduction at Source under section 194A of the income tax act, 1961

Tags : Income Tax Appellate Tribunal received interest enhanced compensation Tax Deduction at Source section 194A of the income tax act 1961

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