Bombay High Court Quashes Section 201 Notice Against Petitioner in Income Tax TDS Case — No Payment Made to Non-Resident, No Obligation to Deduct Tax Under Section 195 of the Income Tax Act, 1961. The court held that the Income Tax Officer lacked jurisdiction to treat the petitioner as an assessee in default for non-deduction of tax on share purchase where no sum was paid or credited....
The petitioner, Ingram Micro Inc., a company incorporated in the USA, challenged the jurisdiction of the Income Tax Officer (International Taxation) to issue a notice under Section 201 of the Income T...
