Saturday, October 8, 2011

TDS u/s 194A of the Act is to be paid by the recipient in respect ...

TDS u/s 194A of the Act is to be paid by the recipient in respect ...

Oregonians for the Cannabis Tax Act 2012 (OCTA 2012) have begun gathering the initial 1000 registered Oregon voters# signatures needed to sponsor the Oregon Cannabis Tax Act 2012 petition. After gathering these required first signatures ...


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Therefore, we hold that it is a revenue receipt exigible to tax under Section 4 of the Income Tax Act. Section 194-A of the Act has no application for the purpose of this case as it encompasses deduction of the income at the source.


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