TDS on Commission to foreign agents having No PE in India for services rendered outside India

Vimta Labs Limited Vs DCIT (ITAT Hyderabad) Under the provisions of section 195 of the Act, any person responsible for making a payment to a non-resident, not being a company, or to a foreign company, any interest or any other sum chargeable under the provisions of the Act, shall at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by the issue of a cheque or draft or by other mode, whichever is earlier, deduct income tax thereon at the rates in force. The assessee was therefore, asked to show-cause as to why there was no deduction of ta...