https://www.taxtmi.com/caselaws?id=204181 The Tribunal ruled in favor of the assessee, determining that the payment made to the Netherlands companies constituted hire charges and not business income. It was concluded that the Netherlands company did not have a Permanent Establishment (PE) in India, as the equipment was used under the assessee's control. Therefore, the assessee was not liable to deduct tax at source under Section 195 of the IT Act. The Revenue's appeals were dismissed. en-us Fri, 17 Sep 2010 00:00:00 +0530 Mon, 27 Aug 2012 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204181 The Tribunal ruled in favor of the assessee, determining that the payment made to the Netherlands companies constituted hire charges and not business income. It was concluded that the Netherlands company did not have a Permanent Establishment (PE) in India, as the equipment was used under the assessee's control. Therefore, the assessee was not liable to deduct tax at source under Section 195 of the IT Act. The Revenue's appeals were dismissed. Case-Laws Income Tax Fri, 17 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204181