https://www.taxtmi.com/caselaws?id=370648 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of commission payment in foreign currency made by the assessee, emphasizing that tax withholding was not required if the payment was not assessable to tax in India. Relying on previous decisions and Section 195 of the Income Tax Act, the Tribunal found that payments to non-resident agents were not taxable in India, consistent with past assessments. The Revenue's appeal was dismissed, affirming the CIT(A)'s order based on the precedent and factual similarities with previous cases. en-us Tue, 09 Oct 2018 00:00:00 +0530 Wed, 21 Nov 2018 21:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370648 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of commission payment in foreign currency made by the assessee, emphasizing that tax withholding was not required if the payment was not assessable to tax in India. Relying on previous decisions and Section 195 of the Income Tax Act, the Tribunal found that payments to non-resident agents were not taxable in India, consistent with past assessments. The Revenue's appeal was dismissed, affirming the CIT(A)'s order based on the precedent and factual similarities with previous cases. Case-Laws Income Tax Tue, 09 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370648