Sec.206AA–Higher TDS not valid where benefit of DTAA available

Brief of the Case ITAT Bangalore held In the case of M/s. Wipro Ltd. vs. ITO that an identical issue has been considered and decided by the co-ordinate bench of this Tribunal in case of Infosys BPO Ltd. ITA No.1143 and 8 & 9/bang/2014. In this case, it was held that it is not a simple case of deduction of tax at source by applying the rate only as per the provisions of Act, when the benefit of DTAA is available to the recipient. Therefore, the question of applying the rate of 20% as provided u/s 206AA is an issue which requires a long drawn reasoning and finding. Hence, applying the rate o...