ITAT Orders Verification as Project Support Costs May Not Be Head Office Expenses

Advertisement Sheladia Associates INC Vs ADIT (ITAT Hyderabad) TDS Disallowance Upheld Because Reimbursement Alone Does Not Exclude Tax Liability: ITAT; Section 44C Issue Remanded Because Nature of Head Office Expenses Requires Verification; ITAT Upholds TDS Disallowance Because Technical Service Payments Were Not Properly Established; Head Office Expense Classification Requires Fresh Examination Because Evidence Must Be Verified: ITAT The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) partly allowed, for statistical purposes, the appeal of a US-incorporated c...