https://www.taxtmi.com/caselaws?id=393202 The HC dismissed the appeal, ruling in favor of the respondent-assessee on both substantial questions of law. It held that TDS was not required for commission payments to foreign agents under Section 40(a)(ia) and upheld the ITAT's decision that the commission was wholly and exclusively for business purposes under Section 37. No costs were ordered. en-us Thu, 27 Feb 2020 00:00:00 +0530 Wed, 06 Nov 2024 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393202 The HC dismissed the appeal, ruling in favor of the respondent-assessee on both substantial questions of law. It held that TDS was not required for commission payments to foreign agents under Section 40(a)(ia) and upheld the ITAT's decision that the commission was wholly and exclusively for business purposes under Section 37. No costs were ordered. Case-Laws Income Tax Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393202