In a significant ruling for online travel portals, the Delhi High Court has held that the assessee, Make My Trip was not liable to deduct TDS from the payment gateway charges paid to the Banks. The verdict confirmed the deletion of demand of Rs. 12,52,49,946/- made by the department under section 40(a)(ia) of the Income […]
The post MakeMyTrip not liable to deduct TDS from Payment Gateway Charges paid to Banks: Delhi HC deletes Addition of Rs. 12.5 Crores [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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