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Sum paid to NR for support services utilized in overseas contract isn’t liable to TDS

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  • Sum paid to NR for support services utilized in overseas contract isn’t liable to TDS
Posted onon March 3, 2015

Tenet Tax Daily March 03 2015

By tenettax-team
Corporate Tax, International Tax

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Exp. on maintenance of I-T system during restructuring of Co. was an allowable revenue exp.
No TDS credit available if assessee had failed to offer corresponding income to tax in relevant year

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