Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
Effective service requirement: officers must explore alternative service modes beyond the GST portal and afford personal hearing; non-compliance voids...
Whether commission paid to non-resident agents for procuring foreign orders is taxable in India and attracts TDS u/s 195: Tribunal found the services were rendered entirely outside India and the agents had no permanent establishment in India; applying the principle that income not chargeable to tax in India need not attract withholding (as in Transmission Corporation precedent), held the payments are not taxable in India and there is no obligation to deduct tax at source - appeal allowed in favor of the assessee - ITAT
Whether commission paid to non-resident agents for procuring foreign orders is taxable in India and attracts TDS u/s 195: Tribunal found the services were rendered entirely outside India and the agents had no permanent establishment in India; applying the principle that income not chargeable to tax in India need not attract withholding (as in Transmission Corporation precedent), held the payments are not taxable in India and there is no obligation to deduct tax at source - appeal allowed in favor of the assessee - ITAT
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