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Income Tax - Highlights / Catch Notes

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Additions u/s 40(a)(i) for non deduction of TDS - The assessee ...


Assessee Must Deduct Tax at Source on Premiums to Non-Resident Reinsurers u/s 40(a)(i) of Income Tax Act.

October 22, 2018

Case Laws     Income Tax     AT

Additions u/s 40(a)(i) for non deduction of TDS - The assessee has to necessarily deduct tax on the premium paid to non-resident re-insurance company for reinsurance.

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