Friday, March 12, 2010

Income Tax

IT-Payment towards VSAT/Transaction charges made by a Stock Broker to Stock Exchange is not fee for technical services u/s 194J
[ITAT-Mum.] Source : taxmann.com

RTI

RTI Act cannot be applied to claim exemption from disclosure of information, provided by an assessee to IT Dept. for asst. purposes, to 3rd party [CIC]. source www.taxmann.com