Setback to EY: No TDS on Reimbursement of Salary on Cost to Cost basis, rules ITAT [Read Order]

Setback - TDS - Reimbursement - Salary - Cost - Cost - ITAT - Taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that setback to Ernst & Young EMEIA Limited, no Tax Deducted at Source (TDS) is applicable on reimbursement of salary on a cost-to-cost basis. The assessee is a limited liability partnership firm, incorporated under the laws of the United States of America, and is…

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