https://www.taxtmi.com/highlights?id=57648 TDS u/s 195 - Payment of Royalty or not - The assessee agreed for reimbursement of cost incurred by the GTRC for doing research activity as a part of joint research on which both the parties have equal right on result of such joint research project - AO has not carried out any verification/investigation to disprove the claim of pure reimbursement of expenses made by the assessee on the basis of relevant supporting material as reflected in this order. - payment made to GTRC was towards cost reimbursement for joint research project and not royalty - AT en-us Sat, 17 Apr 2021 22:36:14 +0530 Sat, 17 Apr 2021 22:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57648 TDS u/s 195 - Payment of Royalty or not - The assessee agreed for reimbursement of cost incurred by the GTRC for doing research activity as a part of joint research on which both the parties have equal right on result of such joint research project - AO has not carried out any verification/investigation to disprove the claim of pure reimbursement of expenses made by the assessee on the basis of relevant supporting material as reflected in this order. - payment made to GTRC was towards cost reimbursement for joint research project and not royalty - AT Highlights Income Tax Sat, 17 Apr 2021 22:36:14 +0530 https://www.taxtmi.com/highlights?id=57648