https://www.taxtmi.com/highlights?id=33884 Tds u/s 194A - interest for late payment - interest was not actually in the nature of interest which was paid on the loan taken but actually it is of nature of purchase cost of asphalt (bitumen) as the impugned amount has been paid in the course of making purchases - No TDS liability - AT en-us Wed, 22 Mar 2017 09:02:40 +0530 Wed, 22 Mar 2017 09:02:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33884 Tds u/s 194A - interest for late payment - interest was not actually in the nature of interest which was paid on the loan taken but actually it is of nature of purchase cost of asphalt (bitumen) as the impugned amount has been paid in the course of making purchases - No TDS liability - AT Highlights Income Tax Wed, 22 Mar 2017 09:02:40 +0530 https://www.taxtmi.com/highlights?id=33884