Set Back to Infosys; Payment of Sub-Contracting Charges to Subsidiary is Liable to TDS: ITAT [Read Order]

Infosys - Payment - Sub-Contracting Charges - Subsidiary - TDS - ITAT - Taxscan

The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) has held that payment of sub-contracting charges to subsidiary is liable to Tax Deduction at Source. The assesse, M/s.Infosys Limited is an Indian company, engaged in the business of development and export of computer software and related services. Infosys Technologies (China) Co. Ltd. (Infosys…

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