No TDS Required on Commission, Inspection & Software Payments to Foreign Parties – Entire Addition Deleted

Manisha Kiran Temkar Vs ACIT (ITAT Mumbai) No TDS Required on Commission, Inspection & Software Payments to Foreign Parties – Entire Addition Deleted Mumbai ITAT has delivered an important ruling in favour of a merchant exporter, holding that payments made to foreign entities towards commission, inspection charges & software subscription are not taxable in India, & therefore Assessee was under no obligation to deduct tax at source u/s 195. Consequently, the disallowance of nearly ₹1.85 crore made by the Assessing Officer u/s 40(a)(i) was directed to be deleted in its entirety. ...