No TDS on Roaming Charges Under Section 194C or 194J: ITAT Mumbai

Vodafone India Ltd. Vs ACIT (ITAT Mumbai) In a significant development for the telecom giant, Vodafone India Ltd. has received substantial relief from the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, in a batch of appeals pertaining primarily to the Assessment Year (AY) 2011-12. The Tribunal addressed multiple contentious disallowances and adjustments made by the Assessing Officer (AO) and upheld by the Dispute Resolution Panel (DRP), covering areas from exempt income expenditure to intricate transfer pricing adjustments. The common issues across the appeals, including cross-appeals for...