https://www.taxtmi.com/caselaws?id=59727 The Tribunal upheld the assessment of income at 20% without allowing deductions for expenses incurred by the PE in India, as per sections 44D and 115A of the IT Act. It ruled that no interest under sections 234B and 234C can be charged when tax is deductible at source. The Tribunal dismissed the appeals of the Revenue and the cross-objections of the assessee. en-us Fri, 19 Dec 2008 00:00:00 +0530 Tue, 05 Nov 2013 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59727 The Tribunal upheld the assessment of income at 20% without allowing deductions for expenses incurred by the PE in India, as per sections 44D and 115A of the IT Act. It ruled that no interest under sections 234B and 234C can be charged when tax is deductible at source. The Tribunal dismissed the appeals of the Revenue and the cross-objections of the assessee. Case-Laws Income Tax Fri, 19 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59727