There cannot be one more assessment in respect of same income on assessee pursuant to Section 163

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

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