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2017 (11) TMI 1297 - AT - Income TaxInterest u/s.234B not leviable in respect of payments to the non-resident assessee being subject to tax deduction at source u/s. 195 - Held that:- As decided in assessee's own case for previous AYs we hold that interest u/s. 234B is not leviable as all payments to the nonresident assessee are subject to tax deduction at source u/s. 195. Hence, the decision of the Ld. CIT(A) in directing the AO to delete the interest levied u/s. 234B is correct, which does not need any interference on our part, hence, we uphold the action of the Ld. CIT(A) on the issue in dispute and reject the ground raised by the Revenue. - Decided in favour of assessee.
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