https://www.taxtmi.com/caselaws?id=65552 The Tribunal ruled in favor of the assessee in a tax dispute case. It directed that the profit should be computed at 10% of the net amount actually received by the assessee, allowing the exclusion of commission retained by Turner International India (P) Ltd. The Tribunal also held that as a non-resident company subject to TDS on all receipts, the assessee was not liable to pay interest under Sections 234B and 234C. The Tribunal allowed all consolidated appeals based on the similar grounds and facts presented. en-us Fri, 06 Nov 2009 00:00:00 +0530 Wed, 16 Feb 2011 15:31:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65552 The Tribunal ruled in favor of the assessee in a tax dispute case. It directed that the profit should be computed at 10% of the net amount actually received by the assessee, allowing the exclusion of commission retained by Turner International India (P) Ltd. The Tribunal also held that as a non-resident company subject to TDS on all receipts, the assessee was not liable to pay interest under Sections 234B and 234C. The Tribunal allowed all consolidated appeals based on the similar grounds and facts presented. Case-Laws Income Tax Fri, 06 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65552