ITAT Remands ₹5.41 Cr TDS Disallowance on US Remittance for Reassessment Under India-US DTAA [Read Order]

The ITAT set aside a ₹5.41 crore TDS disallowance on a US remittance, directing reassessment under the India-US DTAA
ITAT - ITAT Bengaluru - TDS Disallowance - TAXSCAN

The Income Tax Appellate Tribunal (ITAT) Bengaluru recently set aside a ₹5.41 crore TDS disallowance on payments made to a US-based entity for business development and marketing services and directed it to reassess according to the provisions of India-US Double Taxation Avoidance Agreement (India-US DTAA). Sunku Satyanarayana Sanjay (assessee-appellant) was engaged in the export of…

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