Case Law Details
Case Name : Kannan Devan Hills Plantations Co. (P) Ltd. Vs ACIT (ITAT Cochin)
Related Assessment Year : 2010-11, 2011-12 & 2012-13
Courts :
All ITAT ITAT Cochin
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Kannan Devan Hills Plantations Co. (P) Ltd. Vs ACIT (ITAT Cochin)
A perusal of the expenditure incurred by the assessee, we notice that these are payments made as reimbursement of expenditure incurred by the foreign agents plus their commission. The foreign agent commission and reimbursement of expenditure are not taxable in India and hence, the provisions of section 195 of the I.T. Act have no application.
FULL TEXT OF THE ITAT JUDGMENT
These are cross appeals, directed against three separate orders of the CIT(A)-I, Kochi of different dates. The relevant assessment years are 2010-11, 2011-1...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Kindly note the date of pronouncement is 04-01-2018.