Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company
June 22, 2026
Income Tax, ITAT
Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a recent judgment, ITAT has held that the assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent non-resident company towards IT …