https://www.taxtmi.com/caselaws?id=334095 The Tribunal held that the disallowance of professional fees under section 40(a)(i) of the Income Tax Act could not be sustained as the assessee was not required to deduct tax at source under section 195 at the time of remittance to a French tax resident for services rendered outside India. The retrospective amendment to tax such income could not impose a TDS obligation retrospectively. Therefore, the Tribunal directed the Assessing Officer to delete the disallowance of Rs. 26,05,239, allowing the assessee's appeal. en-us Wed, 17 Aug 2016 00:00:00 +0530 Thu, 03 Nov 2016 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334095 The Tribunal held that the disallowance of professional fees under section 40(a)(i) of the Income Tax Act could not be sustained as the assessee was not required to deduct tax at source under section 195 at the time of remittance to a French tax resident for services rendered outside India. The retrospective amendment to tax such income could not impose a TDS obligation retrospectively. Therefore, the Tribunal directed the Assessing Officer to delete the disallowance of Rs. 26,05,239, allowing the assessee's appeal. Case-Laws Income Tax Wed, 17 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334095