https://www.taxtmi.com/caselaws?id=420953 The Income Tax Appellate Tribunal (ITAT) upheld the decision of the Commissioner of Income Tax (Appeals) [CIT(A)] that the payment made to M/s. Oerlikon Graziano SPA Italy was commission for procuring export orders, not fee for technical services. The Tribunal affirmed that the services provided did not involve technical, managerial, or consultancy aspects, and thus, the assessee was not obligated to deduct TDS under section 195 of the Income Tax Act. The appeal by the Revenue was dismissed, maintaining that the payment to SPA was commission and not subject to TDS. en-us Mon, 11 Apr 2022 00:00:00 +0530 Thu, 14 Apr 2022 08:08:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420953 The Income Tax Appellate Tribunal (ITAT) upheld the decision of the Commissioner of Income Tax (Appeals) [CIT(A)] that the payment made to M/s. Oerlikon Graziano SPA Italy was commission for procuring export orders, not fee for technical services. The Tribunal affirmed that the services provided did not involve technical, managerial, or consultancy aspects, and thus, the assessee was not obligated to deduct TDS under section 195 of the Income Tax Act. The appeal by the Revenue was dismissed, maintaining that the payment to SPA was commission and not subject to TDS. Case-Laws Income Tax Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420953