Case Law Details
Case Name : Commissioner of Income-tax, New Delhi Vs M/s Eli Lilly & Company (India) Pvt. Ltd. [Supreme Court of India]
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Courts :
Supreme Court of India
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The TDS provisions in Chapter XVII-B relating to payment of income chargeable under the head “Salaries”, which are in the nature of machinery provisions to enable collection and recovery of tax forms an integrated Code with the charging and computation provisions under the 1961 Act, which determines the assessability/taxability of “salaries” in the hands of the employee-assessee. Consequently, Section 192(1) has to be read with Section 9(1)(ii) read with the Explanation thereto. Therefore, if any payment of income chargeable under the head “Salaries”
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