Dismissing the appeal of the Court held that the assessee failed to produce any document to establish their stand, despite opportunity being given at appellate stage, Tribunal rightly held that tax had to be deducted at source even in respect of reimbursements which had been incurred by agent. (AY. 2005-06)
Surendra Commercial & Exim (P) Ltd. v. ITO (2022) 288 Taxman 580 / 220 DTR 35/ 329 CTR 955 (Cal.)(HC)/Editorial: SLP of assessee dismissed as withdrawn Surendra Commercial & Exim (P.) Ltd. v. ITO (2023) 291 Taxman 202 (SC)
S. 194C : Deduction at source-Contractors-Clearing and forwarding agent-Reimbursement of expenditure-Tax had to be deducted at source even in respect of reimbursements which had been incurred by agent. [S. 260A]