https://www.taxtmi.com/highlights?id=103277 Market fee and cess payable under a State enactment are statutory levies, not consideration for contractual work, and therefore do not attract tax deduction at source under the provision governing contractual payments. Government-prescribed procurement payments to societies, supported by sanctioned rates, reimbursement arrangements, control accounts and separately identifiable remuneration, constitute pass-through disbursements rather than contractor or subcontractor expenditure. The related disallowances for non-deduction of tax were deleted. Remission or cessation of a trading liability requires proof of a benefit obtained through an actual waiver, write-back, remission or extinguishment during the relevant year. Outstanding balances, wit..... en-us Tue, 01 Sep 2026 08:26:22 +0530 Tue, 01 Sep 2026 08:26:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=103277 Market fee and cess payable under a State enactment are statutory levies, not consideration for contractual work, and therefore do not attract tax deduction at source under the provision governing contractual payments. Government-prescribed procurement payments to societies, supported by sanctioned rates, reimbursement arrangements, control accounts and separately identifiable remuneration, constitute pass-through disbursements rather than contractor or subcontractor expenditure. The related disallowances for non-deduction of tax were deleted. Remission or cessation of a trading liability requires proof of a benefit obtained through an actual waiver, write-back, remission or extinguishment during the relevant year. Outstanding balances, wit..... Highlights Income Tax Tue, 01 Sep 2026 08:26:22 +0530 https://www.taxtmi.com/highlights?id=103277