Salary reimbursement cannot be disallowed for Non-Deduction of TDS

Pr. CIT Vs. M/s ITD Cemindia JV (Bombay High Court) The employees and personnel deputed by the company giving such workers on loan to the assessee company continued to be the employer, the assessee merely reimbursed the expenditure in terms of salary structure of the employees to the employer company. There was, therefore, no question of deducting tax at source while reimbursing such costs. FULL TEXT OF THE HIGH COURT ORDER / JUDGEMENT 1. This appeal by the Revenue under Section 260-A of the Income Tax Act, 1961 challenging judgment of Income-tax Appellate Tribunal (for short “Tribunal”)....