Assessee eligible for refund of TDS deducted on off shore supply contracts not taxable in India

ABB AB C/o ABB India Limited Vs DCIT (ITAT Bangalore)

Assessing Officer first has to examine whether the amounts received are off shore supply contracts by the assessee were received outside the country. The learned Authorized Representative submitted that the assessee company has offered the income on on shore supply contracts. Since, the off shore supply contracts are not taxable in India but TDS was deducted in India therefore assessee is eligible for refund of TDS Credit. We considering the facts, submissions and judicial decisions are of view that

Please become a Premium member. If you are already a Premium member, login here to access the full content.