https://www.taxtmi.com/caselaws?id=458614 ITAT Pune ruled in favor of assessee regarding TDS on leased line/data link charges under sections 194J/195. Following SC precedent in CIT vs. Kotak Securities Ltd., tribunal held that leased line charges do not constitute technical services under section 9(1)(vii), therefore no TDS deduction required. NFAC order disallowing expenses under section 40(a)(ia) was reversed. Assessee's appeal allowed, establishing that payment of leased line charges is not subject to TDS provisions. en-us Mon, 01 Jul 2024 00:00:00 +0530 Fri, 08 Nov 2024 19:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458614 ITAT Pune ruled in favor of assessee regarding TDS on leased line/data link charges under sections 194J/195. Following SC precedent in CIT vs. Kotak Securities Ltd., tribunal held that leased line charges do not constitute technical services under section 9(1)(vii), therefore no TDS deduction required. NFAC order disallowing expenses under section 40(a)(ia) was reversed. Assessee's appeal allowed, establishing that payment of leased line charges is not subject to TDS provisions. Case-Laws Income Tax Mon, 01 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458614