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2024 (3) TMI 535 - AT - Income TaxTDS u/s 195 - non deduction of TDS - demurrage charges paid by the respondent-assessee to the foreign companies - HELD THAT:- AO made the disallowance of demurrage charges paid to various shipping companies on the ground that the appellant had failed to deduct tax at source on such payment following the decision of Hon’ble Bombay High Court in the case of CIT Vs. Orient Goa Co. Pvt. Ltd. [2009 (10) TMI 575 - BOMBAY HIGH COURT]. The said decision has been overruled by the Full Bench of Hon’ble Bombay High Court subsequently in the case of CIT Vs. V.S. Dempo & Co. Pvt. Ltd. [2016 (2) TMI 308 - BOMBAY HIGH COURT]. The order passed by the ld. CIT(A) is in consonance with the law laid down by the Hon’ble Jurisdictional High Court supra. Therefore, we do not find any reason to interfere with the order passed by the CIT(A). Appeal of the Revenue is dismissed.
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