Tuesday, September 11, 2018

TDS was required on insurance premium paid to NR insurance Co.; ITAT upheld sec. 40(a)(i) disallowance

IT : Where assessee insurance company paid reinsurance 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/2wXnb5t
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