Court Allows Deduction for Payment to M/s. JSMS; Not Considered a Joint Venture in Lokhandawala Branch Management Case. https://www.taxtmi.com/highlights?id=13389 TDS - disallowance of payment on account of share of profit paid to M/s. JSMS for managing the Lokhandawala Branch - the arrangement was not a case of joint venture - deduction allowed - AT en-us Thu, 11 Jul 2013 15:27:32 +0530 Thu, 11 Jul 2013 15:27:32 +0530 TaxTMI RSS Generator Court Allows Deduction for Payment to M/s. JSMS; Not Considered a Joint Venture in Lokhandawala Branch Management Case. https://www.taxtmi.com/highlights?id=13389 TDS - disallowance of payment on account of share of profit paid to M/s. JSMS for managing the Lokhandawala Branch - the arrangement was not a case of joint venture - deduction allowed - AT Highlights Income Tax Thu, 11 Jul 2013 15:27:32 +0530 https://www.taxtmi.com/highlights?id=13389