https://www.taxtmi.com/caselaws?id=417474 The Tribunal upheld the decision of the CIT(A) and dismissed the Revenue's appeals, ruling that payments made for transponder charges to non-resident companies do not constitute "royalty" under the Income-tax Act, 1961 and relevant Double Taxation Avoidance Agreements. Therefore, the assessee was not required to deduct tax at source under section 195 of the Act. The Tribunal's decision aligned with precedents from the Bombay and Delhi High Courts, confirming that transponder charges are not subject to withholding tax. en-us Thu, 20 Jan 2022 00:00:00 +0530 Sat, 22 Jan 2022 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417474 The Tribunal upheld the decision of the CIT(A) and dismissed the Revenue's appeals, ruling that payments made for transponder charges to non-resident companies do not constitute "royalty" under the Income-tax Act, 1961 and relevant Double Taxation Avoidance Agreements. Therefore, the assessee was not required to deduct tax at source under section 195 of the Act. The Tribunal's decision aligned with precedents from the Bombay and Delhi High Courts, confirming that transponder charges are not subject to withholding tax. Case-Laws Income Tax Thu, 20 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417474