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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

TDS u/s 195 - Since “Business connection” of Buhler AG, ...


Buhler AG's Transaction with BIPL Bangalore Taxable in India u/s 195 Due to Business Connection.

June 5, 2020

Case Laws     Income Tax     AT

TDS u/s 195 - Since “Business connection” of Buhler AG, Switzerland in India and “M/s BIPL, Bangalore” is established beyond doubt, the income portion in the transaction between the Buhler AG, Switzerland and the assessee is subject to tax and the same has been rightly carried out by Ld. A.O.

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