Saturday, June 27, 2020

No TDS on Payment of Foreign Agency Commissions: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the payment towards foreign agency commission is not subject to tax deduction at source (TDS) under the provisions of the Income Tax Act, 1961. The assessee was aggrieved with the order of the Assessing Officer wherein it was noticed that the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2VmYHi6

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