https://www.taxtmi.com/caselaws?id=412757 The High Court ruled in favor of the assessee in a Tax Case Appeal concerning various issues under the Income Tax Act. The Court decided against the Revenue on all counts, including disallowance of TDS under Section 9(1)(vi), liability to deduct tax at source on payments to non-resident companies, classification of payments as Royalty, requirement of TDS under Section 195, treatment of expenses in Export turnover, and relief for unrealized foreign exchange. The Court's decisions were guided by relevant Supreme Court judgments, leading to the dismissal of the Tax Case Appeal and finding in favor of the assessee on all substantial questions of law. en-us Fri, 03 Sep 2021 00:00:00 +0530 Sat, 25 Sep 2021 09:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412757 The High Court ruled in favor of the assessee in a Tax Case Appeal concerning various issues under the Income Tax Act. The Court decided against the Revenue on all counts, including disallowance of TDS under Section 9(1)(vi), liability to deduct tax at source on payments to non-resident companies, classification of payments as Royalty, requirement of TDS under Section 195, treatment of expenses in Export turnover, and relief for unrealized foreign exchange. The Court's decisions were guided by relevant Supreme Court judgments, leading to the dismissal of the Tax Case Appeal and finding in favor of the assessee on all substantial questions of law. Case-Laws Income Tax Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412757