Friday, 14 February 2014

Artificial segregation of consolidated sum paid for lounging and catering not permissible; sec. 194C

IT : Where consolidated payment was made towards lounging and catering services as a part of single arrangement, it was not permissible to artificially bifurcate payment so made towards two limbs or component services in view of two attracting differential tax and same would fall under generalized contractual category under section 194C


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