https://www.taxtmi.com/caselaws?id=449542 IT expense payments were treated as taxable consideration where the assessee failed to prove a pure reimbursement without markup. The record did not establish a direct one-to-one pass-through of actual costs, as the relevant agreement and supporting ledger evidence were not produced, the monthly charges were not shown to match actual outgoings, and the accounting policy indicated recognition on an agreed markup over net costs. On that basis, the reimbursement claim was rejected, withholding tax was held applicable in the hands of the non-resident recipient, and failure to deduct tax at source triggered disallowance. en-us Tue, 23 Jan 2024 00:00:00 +0530 Wed, 14 Feb 2024 06:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449542 IT expense payments were treated as taxable consideration where the assessee failed to prove a pure reimbursement without markup. The record did not establish a direct one-to-one pass-through of actual costs, as the relevant agreement and supporting ledger evidence were not produced, the monthly charges were not shown to match actual outgoings, and the accounting policy indicated recognition on an agreed markup over net costs. On that basis, the reimbursement claim was rejected, withholding tax was held applicable in the hands of the non-resident recipient, and failure to deduct tax at source triggered disallowance. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449542