Non-Profit in India Exempt from Taxation; Section 40(a)(ia) Tax Deduction Not Applicable to Payments Made to It.

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....TDS - since the Indian branch of IFA was a non-profit organisation registered under Section 12 AA of the Act, its income was not taxable and the question of deducting tax at source from the payment made to it in terms of Section 40(a)(ia) did not arise - HC....