Tax Deduction at Source: Section 172 Applies to Marshall Islands Remittances for Vessel Damages, Not Sections 194C or 195.

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....TDS u/s 195 OR 172 - remittance to Marshal Island based company towards damage charges for physical damage sustained by vessels and losses caused to the owner of the vessels - provision of Section 172 only will be applicable and not the provision of Section 194C or 195 of the Act. - CIT(A) rightly set aside the demand - AT....