https://www.taxtmi.com/caselaws?id=760261 Amounts paid to collaborators under a joint venture arrangement were analysed against the agreement and business model, and were treated as a share of business surplus rather than consideration for a separate service or lease. On that basis, the payment was regarded as revenue sharing within a composite venture, so no tax was deductible at source on the amount. Because the payment was not liable to TDS, disallowance under section 40(a)(ia) could not be sustained. en-us Wed, 09 Oct 2024 00:00:00 +0530 Fri, 18 Oct 2024 09:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760261 Amounts paid to collaborators under a joint venture arrangement were analysed against the agreement and business model, and were treated as a share of business surplus rather than consideration for a separate service or lease. On that basis, the payment was regarded as revenue sharing within a composite venture, so no tax was deductible at source on the amount. Because the payment was not liable to TDS, disallowance under section 40(a)(ia) could not be sustained. Case-Laws Income Tax Wed, 09 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760261