https://www.taxtmi.com/caselaws?id=754995 The ITAT Bangalore held that the assessee was liable to deduct TDS u/s 192 on LTC reimbursements for employees' foreign travel. The tribunal distinguished between domestic and international travel, noting that while LTC for travel within India is exempt from tax (thus no TDS requirement), foreign travel reimbursements constitute taxable income requiring TDS deduction. The decision was supported by precedent from ITAT Delhi and SC rulings. The assessee's appeal was dismissed, confirming the TDS obligation on foreign LTC payments to employees. en-us Fri, 28 Jun 2024 00:00:00 +0530 Wed, 03 Jul 2024 22:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754995 The ITAT Bangalore held that the assessee was liable to deduct TDS u/s 192 on LTC reimbursements for employees' foreign travel. The tribunal distinguished between domestic and international travel, noting that while LTC for travel within India is exempt from tax (thus no TDS requirement), foreign travel reimbursements constitute taxable income requiring TDS deduction. The decision was supported by precedent from ITAT Delhi and SC rulings. The assessee's appeal was dismissed, confirming the TDS obligation on foreign LTC payments to employees. Case-Laws Income Tax Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754995