https://www.taxtmi.com/caselaws?id=753014 ITAT Bangalore ruled in favor of the assessee regarding TDS provisions under section 195 for FTS payments. The assessee challenged disallowance under section 40(a)(i) and demands under sections 201(1) and 201(1A) for non-deduction of TDS. The Tribunal found payments could not be attributed as FTS after examining the agreement and nature of services. The decision was confirmed by Karnataka HC for assessment years 2011-12 to 2017-18, establishing precedent that rejected the Department's contentions in the current case. en-us Wed, 03 Jan 2024 00:00:00 +0530 Wed, 22 May 2024 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753014 ITAT Bangalore ruled in favor of the assessee regarding TDS provisions under section 195 for FTS payments. The assessee challenged disallowance under section 40(a)(i) and demands under sections 201(1) and 201(1A) for non-deduction of TDS. The Tribunal found payments could not be attributed as FTS after examining the agreement and nature of services. The decision was confirmed by Karnataka HC for assessment years 2011-12 to 2017-18, establishing precedent that rejected the Department's contentions in the current case. Case-Laws Income Tax Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753014