Court Upholds Attachment Orders u/s 281B for Non-Resident Entity's Tax Liability via Permanent Establishment in India.

Court Upholds Attachment Orders u/s 281B for Non-Resident Entity's Tax Liability via Permanent Establishment in India. https://www.taxtmi.com/highlights?id=36177 Validity of attachment orders u/s 281B - tax liability of non-resident (FOWC) having PE in India was confirmed - Income tax department directed the Axis Bank to have the drawing of LCs restricted to the extent of the liability of Jaypee to deduct Tax Deducted at Source (TDS) of FOWC - order of attachment sustained with practical solution - SC en-us Fri, 01 Sep 2017 21:53:17 +0530 Fri, 01 Sep 2017 21:53:17 +0530 TaxTMI RSS Generator Court Upholds Attachment Orders u/s 281B for Non-Resident Entity's Tax Liability via Permanent Establishment in India. https://www.taxtmi.com/highlights?id=36177 Validity of attachment orders u/s 281B - tax liability of non-resident (FOWC) having PE in India was confirmed - Income tax department directed the Axis Bank to have the drawing of LCs restricted to the extent of the liability of Jaypee to deduct Tax Deducted at Source (TDS) of FOWC - order of attachment sustained with practical solution - SC Highlights Income Tax Fri, 01 Sep 2017 21:53:17 +0530 https://www.taxtmi.com/highlights?id=36177