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Income Tax - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

TDS u/s 195 - payment towards license fees pursuant to the ...


TDS u/s 195 Not Applicable for License Fee Payments; Income Not Taxable in India.

March 27, 2021

Case Laws     Income Tax     AT

TDS u/s 195 - payment towards license fees pursuant to the distribution agreement - in our considered view, the documents submitted before us clearly shows that the income of the payee is not taxable in India and assessee has already filed the relevant information u/s 201(1) of the Act which shows that the assessee cannot be regarded as ‘assessee in default’. - AT

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