https://www.taxtmi.com/caselaws?id=389147 The Tribunal dismissed the challenge on the validity of the order under section 201 of the Income Tax Act, holding that the assessment proceedings were valid despite the appellant's contentions. The liability of tax under section 201(1) for non-deduction of tax from a fee paid to a non-resident foreign company was partly allowed, with directions to modify the demand in line with legal precedents. The computation of interest under section 201(1A) was also addressed, with instructions to calculate interest based on the tax assessed in the foreign company's case. The Tribunal partly allowed all three appeals filed by the assessee for statistical purposes. en-us Thu, 28 Nov 2019 00:00:00 +0530 Mon, 02 Dec 2019 16:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389147 The Tribunal dismissed the challenge on the validity of the order under section 201 of the Income Tax Act, holding that the assessment proceedings were valid despite the appellant's contentions. The liability of tax under section 201(1) for non-deduction of tax from a fee paid to a non-resident foreign company was partly allowed, with directions to modify the demand in line with legal precedents. The computation of interest under section 201(1A) was also addressed, with instructions to calculate interest based on the tax assessed in the foreign company's case. The Tribunal partly allowed all three appeals filed by the assessee for statistical purposes. Case-Laws Income Tax Thu, 28 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389147