https://www.taxtmi.com/caselaws?id=412370 The High Court ruled against the Revenue in a tax case appeal, favoring the assessee on substantial questions of law related to TDS deductions under the Income Tax Act. The Court's decision aligned with Supreme Court precedents, determining that payments to non-resident companies with permanent establishments in India did not require TDS deduction under Section 195. Additionally, the Court held that expenses such as foreign travel and communication charges were allowable deductions from Export turnover, following a technical interpretation of total turnover. The Tax Case Appeal was dismissed in favor of the assessee based on the Court's analysis and alignment with relevant legal provisions and interpretations. en-us Fri, 03 Sep 2021 00:00:00 +0530 Wed, 15 Sep 2021 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412370 The High Court ruled against the Revenue in a tax case appeal, favoring the assessee on substantial questions of law related to TDS deductions under the Income Tax Act. The Court's decision aligned with Supreme Court precedents, determining that payments to non-resident companies with permanent establishments in India did not require TDS deduction under Section 195. Additionally, the Court held that expenses such as foreign travel and communication charges were allowable deductions from Export turnover, following a technical interpretation of total turnover. The Tax Case Appeal was dismissed in favor of the assessee based on the Court's analysis and alignment with relevant legal provisions and interpretations. Case-Laws Income Tax Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412370