No Sec. 194D TDS on exp. incurred in foreign travel of insurance agents if sum paid directly to services providers: HC

INCOME TAX : Where assessee-company had incurred foreign travel expenses for its agents who were working for soliciting or procuring insurance business for it, and no amount had been paid to agents by assessee as reimbursement of expenses incurred by agents in foreign travel and paid expenses directly to services providers, assessee was not liable to deduct TDS under section 194D from said paymentINCOME TAX : Where assessee-company had incurred foreign travel expenses for its agents who were working for soliciting or procuring insurance business for it, and no amount had been paid to agents by assessee as reimbursement of expenses incurred by agents in foreign travel and paid expenses directly to services providers, assessee was not liable to deduct TDS under section 194D from said paymentwww.taxmann.com Latest Case LawsRead More

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