Natural justice and pre-CIRP labour awards protect termination compensation, permitting withdrawal of court deposits despite later insolvency resoluti...
Arbitration of SEZ sub-lease monetary claims preserves rent, maintenance, termination, improvements and damages disputes while unused premises are vac...
Scientific research approval grants a research association tax recognition, subject to annual donor reporting, certification, and regulatory complianc...
The Appellate Tribunal addressed the issue of TDS u/s 195 on sub contract charges paid to a Singapore company. The Non-Resident company argued it falls under Section 44BB, exempting it from TDS. The Tribunal found the company covered by Section 44BB and the Singapore company has no Permanent Establishment in India, making the payments non-taxable. Consequently, the disallowance u/s 40(a)(ia) was not applicable. The addition by the Assessing Officer was deleted, and the assessee's appeal was allowed.
The Appellate Tribunal addressed the issue of TDS u/s 195 on sub contract charges paid to a Singapore company. The Non-Resident company argued it falls under Section 44BB, exempting it from TDS. The Tribunal found the company covered by Section 44BB and the Singapore company has no Permanent Establishment in India, making the payments non-taxable. Consequently, the disallowance u/s 40(a)(ia) was not applicable. The addition by the Assessing Officer was deleted, and the assessee's appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
