No liability of TDS u/s 194 I if revenue was shared with Franchise without rendering of actual services

ACIT Vs VLCC Health Care Ltd (ITAT Delhi)

Conclusion: Since expenses claimed as share of surplus with the collaborator, it was only sharing of revenue and not the claim of expenditure, as per the terms of agreement, the collaborator did not render any service to the assessee, therefore, the provisions of TDS had no appl

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