Non-resident commission not taxable under Indian Income Tax Act; no tax deduction at source required per Section 195.

Non-resident commission not taxable under Indian Income Tax Act; no tax deduction at source required per Section 195. https://www.taxtmi.com/highlights?id=55276 TDS liability u/s 195 - Income accrued in India - Commission paid to the non-resident in the present case is not taxable under the IT Act by virtue of Section 5(2) read with Section 9(1)(vii)(b), there is no scope for finding any liability on the resident company to deduct tax from source, from payments made by them to the non-resident.- HC en-us Fri, 23 Oct 2020 16:22:36 +0530 Fri, 23 Oct 2020 16:22:36 +0530 TaxTMI RSS Generator Non-resident commission not taxable under Indian Income Tax Act; no tax deduction at source required per Section 195. https://www.taxtmi.com/highlights?id=55276 TDS liability u/s 195 - Income accrued in India - Commission paid to the non-resident in the present case is not taxable under the IT Act by virtue of Section 5(2) read with Section 9(1)(vii)(b), there is no scope for finding any liability on the resident company to deduct tax from source, from payments made by them to the non-resident.- HC Highlights Income Tax Fri, 23 Oct 2020 16:22:36 +0530 https://www.taxtmi.com/highlights?id=55276