TDS deductible on professional & technical services fees for developing of web enabled software

VST Motor Ltd Vs ACIT (ITAT Chennai)

ITAT Chennai held that towards professional and technical services for developing of web enabled software SIBIL for marketing related information, which in our view is payment for technical services and the same is subject to deduction of tax at source.

Facts- The assessee is a limited company engaged in the business of purchase and sale of trucks and motor cars and its spare parts. Income of Rs.5,44,68,360/- declared in the return file

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