Thursday, April 7, 2011

DT Recent Case Laws - GE India Tech Centre Pvt Ltd v.CIT & another 2010 (SC)

GE India Tech Centre P Ltd v.CIT & another 2010(SC)
The expression "CHAREABLE UNDER PROVISION of ACT" in Sec195(1) shows that remittance has got 2b a TRADING RECEIPT, THE WHOLE OF PART OF WHICH IS LIABLE TO TAX IN INDIA.
If no tax liability, then no question of TDS.

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