No tax to be deducted on License Fee paid to Foreign Entities

Celltick Mobile Media (India) Pvt. Ltd Vs DCIT (ITAT Mumbai) Conclusion: Assessee was not liable to deduct TDS on license fees paid to Israel entity as it had already furnished certificate from a chartered accountant, return of income and computation of income under section 139 and income of assessee was not taxable in India and assessee had already filed the relevant information u/s 201(1) which showed that assessee could not be regarded as ‘assessee in default’. Held: Assessee was engaged in the business of distributing live screen/flash services on mobile through telecom operators. The...