Case Law Details
Case Name : GVK Industries Vs Income Tax Officer (Supreme Court Of India)
Related Assessment Year :
Courts :
Supreme Court of India
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Brief Facts of the case:
The appellant company is incorporated under the Companies Act, 1956 for the purpose of setting up a 235 MW Gas based power project at Jegurupadu, Rajahmundry,Andhra Pradesh at an estimated cost of Rs.839 crores The main object of the appellant company is to generate and sell electricity.
It entered into an agreement with ABB – Projects & Trade Finance International Ltd., Zurich, Switzerland,( “Non-Resident Company/NRC”) to avail the expert services of qualified and experienced professionals who could prepare a scheme for raising the required finance and tie ...
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Author Bio
Sir,
My company has received an invoice from SBI Capital Markets Limited towards submission of draft advisory report with respect to Financial Advisory Services for my company. They charged service tax on the amount. Please advice me, whether i have to deduct TDS on this invoice, if yes under which section ?
Thanks
Jerry
thanks for update.