ACIT, MADURAI vs. THE METAL POWDER COMPANY LTD., MADURAI
In the result, appeal of the Revenue is dismissed
ITA 1143/CHNY/2014[2010-11]Status: DisposedITAT Chennai29 Mar 2016AY 2010-11
Bench: Shri A.Mohan Alankamony & Shri. G. Pavan Kumar
For Appellant: Shri. A.V.Sreekanth, IRS, JCITFor Respondent: Shri. A.S. Sriraman, Advocate
Section 143(1)Section 143(2)Section 143(3)Section 195Section 40Section 80I
10,37,553/-. The Assessing Officer
found that the company had paid foreign agency commission in foreign
currency to foreign agent without deduction of tax on "47,36,182/-.
The ld. Authorised Representative explained that commission was paid
for works of foreign agent and do not have any establishment in India
and hence are not liable to be taxed
