No TDS on Demurrage Reimbursement to Foreign Buyer; Income Not Taxable in India u/s 5.
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....TDS on demurrage reimbursed by the assessee to the foreign buyer to compensate the foreign buyer for paying demurrage to the ship owner - Income cannot be deemed to accrue or arise in India in hands of foreign buyer - not taxable in India and not liable to tax deduction at source - AT....




TaxTMI
TaxTMI