https://www.taxtmi.com/caselaws?id=374250 Freight payments made to agents of foreign shipping companies were examined for tax deduction at source under section 195 of the Income-tax Act, 1961. The governing principle applied was that where the income recipient falls within section 172, the Indian payer cannot be fastened with TDS liability on such freight remittances. The analysis followed the settled position in Commissioner of Income Tax v. V.S. Dempo & Co. (P.) Ltd. and a later identical matter, leading to the conclusion that the disallowance for non-deduction of tax at source could not be sustained. en-us Tue, 22 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 07:31:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374250 Freight payments made to agents of foreign shipping companies were examined for tax deduction at source under section 195 of the Income-tax Act, 1961. The governing principle applied was that where the income recipient falls within section 172, the Indian payer cannot be fastened with TDS liability on such freight remittances. The analysis followed the settled position in Commissioner of Income Tax v. V.S. Dempo & Co. (P.) Ltd. and a later identical matter, leading to the conclusion that the disallowance for non-deduction of tax at source could not be sustained. Case-Laws Income Tax Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374250