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Income Tax - Highlights / Catch Notes

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TDS u/s 195 - non deduction of TDS on management fees paid by ...


High Court dismisses revenue's appeal on TDS non-deduction for management fees to Associated Enterprises, citing low tax effect.

December 15, 2023

Case Laws     Income Tax     HC

TDS u/s 195 - non deduction of TDS on management fees paid by assessee [to its Associated Enterprises (AEs)] - As revenue, says that the appeal against the aforementioned order of the Tribunal was not preferred because of low tax effect. It is also not in dispute that in any event, as of today, the appeal is time-barred. - Revenue appeal dismissed - HC

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