https://www.taxtmi.com/caselaws?id=3163 The High Court upheld the Tribunal's decision, dismissing the appeal and emphasizing the importance of No Objection Certificates, the absence of an employer-employee relationship, and clarity in payments to a company rather than individual expatriates. The penalties imposed on the assessee under Section 271C of the Income Tax Act were deleted based on the bona fide actions of the assessee and full disclosure of relevant facts, as determined by the Tribunal. en-us Mon, 16 Apr 2007 00:00:00 +0530 Wed, 30 Jul 2008 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3163 The High Court upheld the Tribunal's decision, dismissing the appeal and emphasizing the importance of No Objection Certificates, the absence of an employer-employee relationship, and clarity in payments to a company rather than individual expatriates. The penalties imposed on the assessee under Section 271C of the Income Tax Act were deleted based on the bona fide actions of the assessee and full disclosure of relevant facts, as determined by the Tribunal. Case-Laws Income Tax Mon, 16 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3163