Daily Archives: August 27, 2015

No Search in the name of Bank account

Search in the name of Bank account Q : Does the search warrant issued in the name of account No.5905 of M/s. Budhiya Marketing Pvt. Ltd is valid ? The provision of section 153(1)(a) talks of issue of notice to a person in which the search has been initiated and requires the same person to… Read More »

Section 194C payments to newspaper publishers

Q :  Whether there should be contractual relationship for applying section 194C ? Or A : When payments to newpapers publisher are made  as an agent of customer whether provisions of Section 194C for deduction of TDS will apply ? Facts of the case Briefly stated, the assessee is carrying on the business of marriage… Read More »