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ITAT: Salary Reimbursement based on Cost to Cost Cannot Attract TDS Liability u/s 195 - (09 May 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Bangalore has ruled that Tax Deduction at Source is not applicable to reimbursement of salary based on the cost to cost without any profit element and cannot attract TDS Liability under Section 195 of Income Tax Act,1961.

Tags : INCOME TAX APPELLATE TRIBUNAL   SECTION 195   INCOME TAX ACT  1961   TAX DEDUCTION AT SOURCE  

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