Section 195 doesn’t apply once nature of payment determined as salary and TDS deducted u/s 192

PCIT Vs Boeing India Pvt. Ltd (Delhi High Court) Delhi High Court held that section 195 of the Act has no application once the nature of payment is determined as salary and deduction has been made under Section 192 of the Act. Facts- The appellant states that ITAT has erred in allowing the appeal of the assessee on the ground that the draft order framed under Section 144C(1) of the Income Tax Act, 1961 was issued in the name of a non-existing company and was accordingly void ab-initio making all subsequent proceedings non-est ignoring the fact that initial jurisdictional notice dated 16th Marc...