https://www.taxtmi.com/caselaws?id=349375 The ITAT dismissed the Revenue's appeal and affirmed the deletion of the addition by the ld. CIT(A). The ITAT found that the payments made by the assessee to JV partners were reimbursements, not subject to TDS, as there was no profit element in the transactions. The decision was based on contractual arrangements, absence of profit element, and legal precedents, leading to a favorable outcome for the assessee on 05.10.2017. en-us Thu, 05 Oct 2017 00:00:00 +0530 Thu, 12 Oct 2017 08:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349375 The ITAT dismissed the Revenue's appeal and affirmed the deletion of the addition by the ld. CIT(A). The ITAT found that the payments made by the assessee to JV partners were reimbursements, not subject to TDS, as there was no profit element in the transactions. The decision was based on contractual arrangements, absence of profit element, and legal precedents, leading to a favorable outcome for the assessee on 05.10.2017. Case-Laws Income Tax Thu, 05 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349375