Case Law Details
Case Name : ITO Vs M/s Prasad Production (ITAT Chennai)
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ITO Vs M/s Prasad Production (ITAT Chennai Special Bench)
The assessee made a remittance to IMAX Canada towards technology transfer fee without deduction of tax at source. The AO took the view that the consideration was “fees for technical services” u/s 9 (1)(vii) and that tax ought to have been deducted at source as per Transmission Corporation 239 ITR 587 (SC). He accordingly held the assessee to be an “assessee-in-default” u/s 201 though the CIT(A) reversed the same.
On appeal by the revenue, the question as to whether a person responsible for making payment to a non-resident was li...
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I recieve Rs.20,000 rent per month. after 30 % deduction, the net amount chargable to tax is Rs.168000 per annum which is below the taxable limit. should TDS be deducted