Wednesday, November 6, 2019

TDS obligation couldn't be fastened on a person on basis of retrospective amendment

INTERNATIONAL TAXATION : For assessment years 2007-08 and 2008-09, payment made by assessee airlines to non-resident companies in respect of training of pilots and cabin crew could not be brought to tax as fee for technical services on basis of retrospective amendment to section 9 by insertion of an Explanation by Finance Act, 2010 with retrospective effect from 1-6-1976

from www.taxmann.com Latest Case Laws https://ift.tt/2rfF2EB

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