No TDS u/s 195 on crediting income to payee if taxable on receipt basis under treaty: ITAT
Held When the income embedded in the payment is not liable to be taxed at the point of time when account of the non-resident was credited, in view of the fact that, under the related DTAA, tax liability can only arise at the point of a subsequent event i.e. payment. When income embedded in the… Read More »