https://www.taxtmi.com/caselaws?id=415745 The High Court upheld the Tribunal's decision that Sections 194H and 194G of the Income Tax Act were not applicable to payments made by the assessee to sub-agents. Consequently, the disallowance under Section 40(a)(ia) for non-deduction of tax at source was deemed unjustified. The Court found in favor of the assessee, dismissing the Revenue's appeals. The decision emphasized the specific factual findings of no Principal-Agent relationship and the nature of payments not qualifying as commission or remuneration. en-us Wed, 23 Jun 2021 00:00:00 +0530 Mon, 13 Dec 2021 08:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415745 The High Court upheld the Tribunal's decision that Sections 194H and 194G of the Income Tax Act were not applicable to payments made by the assessee to sub-agents. Consequently, the disallowance under Section 40(a)(ia) for non-deduction of tax at source was deemed unjustified. The Court found in favor of the assessee, dismissing the Revenue's appeals. The decision emphasized the specific factual findings of no Principal-Agent relationship and the nature of payments not qualifying as commission or remuneration. Case-Laws Income Tax Wed, 23 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415745