https://www.taxtmi.com/caselaws?id=6595 The Authority ruled that HBSPL was legally obligated to withhold taxes while making payments to MRSC for purchased software under section 195(1) of the Income-tax Act, 1961. The decision was based on the statutory requirement to deduct tax on sums chargeable under the Act, regardless of the nature of the sum. The ruling clarified that the obligation applied to gross sums, including elements of income. The judgment focused solely on the tax withholding obligation and did not address the nature of income or tax liability for MRSC in India. en-us Sun, 21 Aug 2005 00:00:00 +0530 Thu, 15 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6595 The Authority ruled that HBSPL was legally obligated to withhold taxes while making payments to MRSC for purchased software under section 195(1) of the Income-tax Act, 1961. The decision was based on the statutory requirement to deduct tax on sums chargeable under the Act, regardless of the nature of the sum. The ruling clarified that the obligation applied to gross sums, including elements of income. The judgment focused solely on the tax withholding obligation and did not address the nature of income or tax liability for MRSC in India. Case-Laws Income Tax Sun, 21 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6595