https://www.taxtmi.com/caselaws?id=762455 No withholding tax obligation arises under section 195 where payments to foreign associated enterprises are revenue-sharing for jointly rendered services and the sums are not chargeable to tax in India in the recipients' hands. On that basis, the demand under section 201(1), the related interest under section 201(1A), and the treatment of the payer as an assessee in default were unsustainable. The issue was treated as covered by the assessee's earlier years before the ITAT Delhi. en-us Thu, 28 Nov 2024 00:00:00 +0530 Sat, 30 Nov 2024 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762455 No withholding tax obligation arises under section 195 where payments to foreign associated enterprises are revenue-sharing for jointly rendered services and the sums are not chargeable to tax in India in the recipients' hands. On that basis, the demand under section 201(1), the related interest under section 201(1A), and the treatment of the payer as an assessee in default were unsustainable. The issue was treated as covered by the assessee's earlier years before the ITAT Delhi. Case-Laws Income Tax Thu, 28 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762455