https://www.taxtmi.com/caselaws?id=251032 The court dismissed the Revenue's appeal regarding a payment to a non-resident foreign company for brushless motors. The court held that the payment was part of the purchase price, not interest, and therefore not taxable in India. Due to insufficient evidence and lack of documentation, the court refrained from ruling against the assessee. The case emphasized the importance of proper documentation and consideration of relevant tax laws in determining tax liability for payments to non-residents. en-us Thu, 28 Aug 2014 00:00:00 +0530 Tue, 02 Sep 2014 08:38:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251032 The court dismissed the Revenue's appeal regarding a payment to a non-resident foreign company for brushless motors. The court held that the payment was part of the purchase price, not interest, and therefore not taxable in India. Due to insufficient evidence and lack of documentation, the court refrained from ruling against the assessee. The case emphasized the importance of proper documentation and consideration of relevant tax laws in determining tax liability for payments to non-residents. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251032