Friday, January 4, 2019

ONGC need not deduct TDS for Payment towards third-party certification of Reserves to US Company: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Oil and Natural Gas Corporation ( ONGC ) is not liable to deduct tax on making payments to a US Company towards third-party certification of Reserves as the same cannot be deemed as Fee for technical services. The assessee- Company credited a sum […]

The post ONGC need not deduct TDS for Payment towards third-party certification of Reserves to US Company: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2TvV2LD

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