https://www.taxtmi.com/caselaws?id=408807 The Tribunal upheld the decisions of the Id. CIT (Appeals) in a case concerning disallowance of commission payments without TDS deduction under Section 197 of the IT Act, disallowance of commission payments subject to tax deduction under Section 195, disallowance of commission payments without proving genuineness, and deletion of addition on account of interest on investments. The Tribunal confirmed the deletion of disallowances, citing foreign agents' operations outside India, non-taxability of foreign commission payments to non-residents without a permanent establishment in India, and availability of sufficient interest-free funds. en-us Thu, 10 Jun 2021 00:00:00 +0530 Tue, 22 Jun 2021 09:14:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408807 The Tribunal upheld the decisions of the Id. CIT (Appeals) in a case concerning disallowance of commission payments without TDS deduction under Section 197 of the IT Act, disallowance of commission payments subject to tax deduction under Section 195, disallowance of commission payments without proving genuineness, and deletion of addition on account of interest on investments. The Tribunal confirmed the deletion of disallowances, citing foreign agents' operations outside India, non-taxability of foreign commission payments to non-residents without a permanent establishment in India, and availability of sufficient interest-free funds. Case-Laws Income Tax Thu, 10 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408807