AAR : the Penalty Amount payable pursuant to the Final Judgment/Decree of the US Court and paid to the Government of USA/US Court would be liable to tax deduction at source under the provisions of the Income-tax Act, 1961
Authority Of Advance Rulings Satyam Computer Services Ltd., In Re Section 21(d), 13(b)(2)(a), 13(b)(2)(b), 13(a), 195 V.S. Sirpurkar, Chairman, A.K. […]
