https://www.taxtmi.com/highlights?id=31170 Except in the case of Honda Motors Japan, payments made to all other 17 non-resident associate companies do not attract the provisions of S.195 and consequently 40(a)(i) of the Act, as no portion of the income of these companies arising from the supply of parts etc. was liable for tax in India. - AT en-us Mon, 12 Sep 2016 18:32:17 +0530 Mon, 12 Sep 2016 18:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=31170 Except in the case of Honda Motors Japan, payments made to all other 17 non-resident associate companies do not attract the provisions of S.195 and consequently 40(a)(i) of the Act, as no portion of the income of these companies arising from the supply of parts etc. was liable for tax in India. - AT Highlights Income Tax Mon, 12 Sep 2016 18:32:17 +0530 https://www.taxtmi.com/highlights?id=31170