Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
TDS cannot be deducted by the respondent on amounts awarded in favor of the petitioner, a non-resident individual, by an arbitral award under execution. The High Court held that once an amount stands awarded in an arbitral award, it acquires the character of a judgment debt and cannot be subjected to TDS deduction, following Supreme Court precedent in All India Reporter and High Court decisions in Voith Hydro Ltd and Glencore International. The omnibus restraint on deducting TDS in Prateek Infra Projects India Pvt Ltd v. Nidhi Mittal does not amount to a declaration that TDS is deductible on compensation payable to a builder.
TDS cannot be deducted by the respondent on amounts awarded in favor of the petitioner, a non-resident individual, by an arbitral award under execution. The High Court held that once an amount stands awarded in an arbitral award, it acquires the character of a judgment debt and cannot be subjected to TDS deduction, following Supreme Court precedent in All India Reporter and High Court decisions in Voith Hydro Ltd and Glencore International. The omnibus restraint on deducting TDS in Prateek Infra Projects India Pvt Ltd v. Nidhi Mittal does not amount to a declaration that TDS is deductible on compensation payable to a builder.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
