https://www.taxtmi.com/caselaws?id=332081 The Authority for Advance Rulings, New Delhi, ruled in favor of the applicant, determining that the settlement amount under the Aberdeen Settlement Agreement was not chargeable to tax under section 195 of the Act. As a result, there was no need for income tax deduction at any stage or rate concerning the remittance of the settlement amount to or from the Escrow Account to Aberdeen. en-us Mon, 15 Feb 2016 00:00:00 +0530 Fri, 09 Sep 2016 22:19:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332081 The Authority for Advance Rulings, New Delhi, ruled in favor of the applicant, determining that the settlement amount under the Aberdeen Settlement Agreement was not chargeable to tax under section 195 of the Act. As a result, there was no need for income tax deduction at any stage or rate concerning the remittance of the settlement amount to or from the Escrow Account to Aberdeen. Case-Laws Income Tax Mon, 15 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332081