https://www.taxtmi.com/caselaws?id=408211 The Court held that the question regarding the deduction of tax at the source under section 195 of the Income Tax Act on reimbursement of expenses to a foreign corporation was academic. The Court directed that the Tribunal's finding on this issue should not be treated as a precedent for future cases. Regarding the re-computation of section 10A by the assessing authority, the Court ruled in favor of the assessee based on a decision pending before the Supreme Court, disposing of the appeal in favor of the assessee. en-us Wed, 26 May 2021 00:00:00 +0530 Thu, 03 Jun 2021 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408211 The Court held that the question regarding the deduction of tax at the source under section 195 of the Income Tax Act on reimbursement of expenses to a foreign corporation was academic. The Court directed that the Tribunal's finding on this issue should not be treated as a precedent for future cases. Regarding the re-computation of section 10A by the assessing authority, the Court ruled in favor of the assessee based on a decision pending before the Supreme Court, disposing of the appeal in favor of the assessee. Case-Laws Income Tax Wed, 26 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408211