https://www.taxtmi.com/caselaws?id=262392 Payments to overseas agents were held not taxable in India because services were rendered outside India, agents had no permanent establishment in India, and remittances were in foreign exchange; accordingly no obligation to deduct tax at source and the disallowance was deleted in favour of the assessee. Expenditure on overhauling windmills was held to be revenue expenditure since overhauling did not alter capacity or structure and merely restored production efficiency; therefore the claimed repairs deduction under the Act was allowed, decision favouring the assessee. en-us Thu, 11 Dec 2014 00:00:00 +0530 Thu, 05 Feb 2026 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262392 Payments to overseas agents were held not taxable in India because services were rendered outside India, agents had no permanent establishment in India, and remittances were in foreign exchange; accordingly no obligation to deduct tax at source and the disallowance was deleted in favour of the assessee. Expenditure on overhauling windmills was held to be revenue expenditure since overhauling did not alter capacity or structure and merely restored production efficiency; therefore the claimed repairs deduction under the Act was allowed, decision favouring the assessee. Case-Laws Income Tax Thu, 11 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262392