Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]

‘Kaccha Arahtias’ are agents conducting sale on behalf of their Principals in exchange of Commission
By Avinash Kurungot - On October 13, 2024 10:32 am - 2 mins read
ITAT - ITAT Visakapatanam - Kaccha Arahtia - Sales of Kaccha Arahtia - TDS - Tax Deducted at Source - Income Tax - Section 44AB of Income Tax Act - taxscan

The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently directed an Assessing Officer ( AO ) to forgo the amount generated by Kaccha Arahtias from sales conducted for their Principal as part of their own turnover, while directing the grant of entire Tax Deducted at Source ( TDS ) collected by the Kaccha Arahtia….

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