https://www.taxtmi.com/caselaws?id=418834 The Tribunal dismissed both the assessee's and the Revenue's appeals. The assessee's appeal was withdrawn due to the resolution under the Mutual Agreement Procedure (MAP) between India and the U.S.A. The Revenue's appeal challenging the deletion of disallowance under section 40(a)(ia) was dismissed as the Tribunal found that the payments were reimbursements on a cost-to-cost basis without profit, not subject to TDS under section 194C. en-us Wed, 16 Feb 2022 00:00:00 +0530 Thu, 24 Feb 2022 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418834 The Tribunal dismissed both the assessee's and the Revenue's appeals. The assessee's appeal was withdrawn due to the resolution under the Mutual Agreement Procedure (MAP) between India and the U.S.A. The Revenue's appeal challenging the deletion of disallowance under section 40(a)(ia) was dismissed as the Tribunal found that the payments were reimbursements on a cost-to-cost basis without profit, not subject to TDS under section 194C. Case-Laws Income Tax Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418834