Saturday, October 10, 2020

Acer India can’t be fastened with liability to TDS retrospectively in respect of payments made for purchase of Licensed Software: ITAT [Read Order]

ITAT - Acer India - liability - TDS - Licensed Software - payments - Purchase - TaxscanThe Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that Acer India can not be fastened with liability to Tax Deducted at Source (TDS) retrospectively in respect of payments made for purchase of licensed software. The assessee company, Acer India Pvt. Ltd. is engaged in the business of manufacture and trading of computer systems and […]

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

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