https://www.taxtmi.com/caselaws?id=358406 Foreign commission paid to non-resident agents for services rendered outside India is not subject to withholding tax where the agents have no permanent establishment and no income accrues or arises in India; disallowance for non-deduction of tax is therefore unsustainable. Polishing-charge disallowance may be restricted where PAN details, quantitative records, confirmations and tax deduction substantially establish genuineness, despite limited verification gaps. Electrical fittings fall under furniture and fittings for depreciation unless shown to be plant and machinery. Interest-free advances may not justify interest disallowance where sufficient interest-free funds exist, subject to verification of the relevant capital and current-account position. en-us Mon, 09 Apr 2018 00:00:00 +0530 Tue, 10 Apr 2018 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358406 Foreign commission paid to non-resident agents for services rendered outside India is not subject to withholding tax where the agents have no permanent establishment and no income accrues or arises in India; disallowance for non-deduction of tax is therefore unsustainable. Polishing-charge disallowance may be restricted where PAN details, quantitative records, confirmations and tax deduction substantially establish genuineness, despite limited verification gaps. Electrical fittings fall under furniture and fittings for depreciation unless shown to be plant and machinery. Interest-free advances may not justify interest disallowance where sufficient interest-free funds exist, subject to verification of the relevant capital and current-account position. Case-Laws Income Tax Mon, 09 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358406