Sponsored
    Follow Us:

Case Law Details

Case Name : ITO Vs Braitrim India Pvt. Ltd. (ITAT Mumbai)
Related Assessment Year : 2005-06, 2008-09 & 2012-13
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

ITO Vs Braitrim India Pvt. Ltd. (ITAT Mumbai)

Admittedly, as the remittances made by the asessee before us, viz. BIPL to M/s Braitrim UK Ltd. had been held to have been made towards reimbursement of expenses (without any mark-up), therefore, in the absence of any income element chargeable to tax in the hands of the payee, no obligation was cast upon the assessee to deduct any tax at source on the said amounts within the meaning of Sec. 195 of the Act. Accordingly, as the amounts remitted by the assessee company, viz. BIPL to Braitrim U.K have been held

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

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31