https://www.taxtmi.com/caselaws?id=387645 Freight payments incurred by an on-board courier agency were treated as direct business expenditure forming part of business profits under section 28 of the Income-tax Act, 1961. On that basis, the disallowance for non-deduction of tax at source under section 40(a)(ia) was not attracted, because that provision applies only to deductions governed by sections 30 to 38. The commission element was separately taxed, while the freight cost was regarded as the direct cost of transporting parcels for other courier companies. en-us Fri, 20 Sep 2019 00:00:00 +0530 Sat, 26 Oct 2019 11:33:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387645 Freight payments incurred by an on-board courier agency were treated as direct business expenditure forming part of business profits under section 28 of the Income-tax Act, 1961. On that basis, the disallowance for non-deduction of tax at source under section 40(a)(ia) was not attracted, because that provision applies only to deductions governed by sections 30 to 38. The commission element was separately taxed, while the freight cost was regarded as the direct cost of transporting parcels for other courier companies. Case-Laws Income Tax Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387645