Volcker Report: No TDS Liability on Unethical Iraq Commission Payments u/s 40(a)(i) of Income Tax Act.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Commission to foreign agent - Volcker Committee report - unethical payment of commission to agent in Iraq - Section 40(a)(i) shall not be applicable in the given case since there is no liability on the appellant to deduct TDS - AT....