TDS u/s 195 - the assessee had also furnished declaration ...
No Obligation to Withhold Taxes on Payments to Oilstone UAE, Confirms Section 195, Due to UAE Residency Certificate.
March 25, 2023
Case Laws Income Tax AT
TDS u/s 195 - the assessee had also furnished declaration regarding “No Permanent Establishment in India” of Oilstone UAE to the assessing Officer during the course of assessment hearing. Further copy of Tax Residency Certificate (TRC) to the effect that Oilstone UAE is a tax resident of UAE was also furnished before the AO - the assessee was not under an Obligation to withhold taxes on such payments - AT
View Source