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Income Tax - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

TDS u/s 195 - reimbursement of travelling expenses paid to ...

Income Tax

December 31, 2020

TDS u/s 195 - reimbursement of travelling expenses paid to foreign parties - a payment in the nature of a mere reimbursement of actual expenses would not be covered by the obligations cast under s. 195 of the Act in the absence of any chargeable income annexed to such payment and consequently Section 40(a)(i) would not be attracted - AT

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