Case Law Details
Case Name : Transmission Corporation Of A.P. Ltd. And Anr. Vs. Commissioner Of Income Tax, A.P. (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
Sponsored
Answers given by the High Court that (i) the assessee who made the payments to the three non-residents was under obligation to deduct tax at source under Section 195 of the Act in respect of the sums paid to them under the contracts entered into; and (ii) the obligation of the respondent-assessee to deduct tax under Section 195 is limited only to appropriate proportion of income chargeable under the Act, are correct.
Supreme Court of India
Transmission Corporation Of A.P. Ltd. And Anr.< Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.
0 Comments
Leave a Comment
Subscribe to Our Daily Newsletter
Sponsored
Sponsored
Sponsored
Search Post by Date
Sec 194C / 194J etc are not mentioned here.
Even these section says “on income comprised there in”.
But due the high-handed CBDT [which considers itself a legislature to tax] circular makes it compulsory to deduct on total amount.