TMI BlogAssessee fails to prove recipient is taxable u/s 195(1), withholding tax obligation remains.If the amount paid is not taxable under the Act, the obligation ceases – assessee is not able to demonstrate that the person or agency whom it paid the amount is the one that is described in the first part of sub-section (1) of Section 195 of the Act - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|