Thursday, October 15, 2020

No disallowance of non-deduction of TDS for expenses incurred on trade offers provided to distributors: ITAT grants relief to Nokia [Read Order]

ITAT Delhi - disallowance - non-deduction - TDS - expenses - incurred - trade offers - distributors - ITAT - grants - Nokia India - TaxscanThe Income Tax Appellate Tribunal (ITAT), New Delhi Bench while granting relief to Nokia India held that no disallowance of non-deduction of TDS for expenses incurred on trade offers provided to distributors. The Assessee, Nokia India is a wholly owned subsidiary of Nokia Corporation, Finland and is stated to be primarily engaged in the business […]

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

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