Court Rules in Favor of Assessee: 10% Income Deemed u/ss 40(a)(i), 44BB, and 195; TDS at 4.1% Applied.

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....TDS - section 40(a )(i) read with Section 44BB and section 195 – income of the service provider was deemed to be 10 per cent of the aggregate amount and the rate of tax including surcharge came to nearly 41 per cent. - Thus TDS amount comes to 4.1 per cent. - decided in favor of assessee - AT....