https://www.taxtmi.com/highlights?id=68594 Addition u/s 40(a)(ia) - Non deduction of TDS on freight expense - non-residents ship owners/charters - the relation between the assessee and the agent was that of a principal and agent. The ITAT in that matter had held that there was an obligation to deduct the tax at source from the payment of transfer charges and other charges were concerned, which had been complied with by the agent. - Order of CIT(A) and ITAT deleting the additions sustained - HC en-us Sat, 04 Mar 2023 10:27:00 +0530 Sat, 04 Mar 2023 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68594 Addition u/s 40(a)(ia) - Non deduction of TDS on freight expense - non-residents ship owners/charters - the relation between the assessee and the agent was that of a principal and agent. The ITAT in that matter had held that there was an obligation to deduct the tax at source from the payment of transfer charges and other charges were concerned, which had been complied with by the agent. - Order of CIT(A) and ITAT deleting the additions sustained - HC Highlights Income Tax Sat, 04 Mar 2023 10:27:00 +0530 https://www.taxtmi.com/highlights?id=68594