Wednesday, September 26, 2018

ITAT justified sec. 40(a)(i) disallowance on premium paid to NR re-insurance company without deducting TDS

IT : Where assessee insurance company paid re-insurance premium to non-resident re-insurance company which did not have its branch in India and payment was made without deducting tax at source, Assessing Officer was justified in making disallowance under section 40(a)(i)

from www.taxmann.com Latest Case Laws https://ift.tt/2DxZO88
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