https://www.taxtmi.com/caselaws?id=177580 Disallowance under section 40(a)(ia) for commission and late interest paid to a foreign agent was overturned because the payor established the payee's nonresident status and produced the agreement, service details, correspondence and supporting evidence; at the relevant time a CBDT circular on withholding was in force, undermining the invocation of section 40(a)(ia) read with section 195(2). The tribunal reversed lower authorities' findings and allowed the assessee's ground, holding that the withholding provisions were misapplied on the available material and circular guidance. en-us Tue, 29 Apr 2014 00:00:00 +0530 Thu, 05 Feb 2026 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177580 Disallowance under section 40(a)(ia) for commission and late interest paid to a foreign agent was overturned because the payor established the payee's nonresident status and produced the agreement, service details, correspondence and supporting evidence; at the relevant time a CBDT circular on withholding was in force, undermining the invocation of section 40(a)(ia) read with section 195(2). The tribunal reversed lower authorities' findings and allowed the assessee's ground, holding that the withholding provisions were misapplied on the available material and circular guidance. Case-Laws Income Tax Tue, 29 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177580