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2012 (6) TMI 704 - AT - Income TaxTDS - reimbursement of actual freight charges paid to the airlines - disallowance made u/s. 40(a)(ia) in respect of freight on export outward on which no tax was deducted at source – Held that:- provision of section 40(a)(ia) does not apply to such payments made towards reimbursement of actual freight charges paid to the airlines. CBDT Circular No. 715 dated 08.8.1995 provide that the TDS is required to be made, only in cases where the bills are raised for gross amount inclusive of professional fees as well as reimbursement of actual expenses and accordingly no TDS is required to be made when bills are raised separately by agents for reimbursement of actual expenses incurred by them. Decided in favor of assessee.
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