TMI BlogTDS u/s 195 - disallowance of design expenses u/s.40(a)(i) - it seems that the amount paid by the...TDS u/s 195 - disallowance of design expenses u/s.40(a)(i) - it seems that the amount paid by the assessee to the foreign party as fee for technical services is subject to tax in India despite the fact such foreign party does not have any permanent establishment in India. However we find that such explanation whether the services rendered in India or not was brought in the statute by the Finance Act 2010. The financial year before us is 2008-09 and at that relevant point of time such explanation..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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