CIT vs Reliance Life Insurance Co. Ltd.

TDS not payable on outsourcing expenses which are for clerical services

In the case of CIT vs Reliance Life Insurance Co. Ltd., the Bombay High Court has held that TDS is not payable on outsourcing expenses which are clerical in nature. Revenue’s Arguments: The Revenue argued that the assessee had deducted tax under Section 194C of the act which was related to payments made to contractor … Continue reading TDS not payable on outsourcing expenses which are for clerical services

No TDS since commission income of foreign agent not taxable in India: ITAT Ahmedabad

The Ahmedabad ITAT has held in the case of DCIT, Cir – 2(1)(1), Ahmedabad vs. M/s. Gujarat Microwax Pvt. Ltd. that the provisions relating to deduction of tax at source under section 195 of the Income Tax Act would not be applicable on the commission of a foreign agent as the same was not taxable in India. … Continue reading No TDS since commission income of foreign agent not taxable in India: ITAT Ahmedabad