Page Contents
The case of Addl CIT Vs. VLCC Health Care Ltd. (ITA No. 4414/DEL/2017) decided by the Delhi Income Tax Appellate Tribunal addresses the issue of whether revenue shared with collaborators or franchisees under a Joint Venture Partnership model attracts a TDS liability u/s 194I of the Income Tax Act.
The Delhi Income Tax Appellate Tribunal concluded that revenue shared under a Joint Venture model where the assessee bears all expenses and shares only the surplus is not liable to Tax Deducted at Source u/s 194I, since no services or premises were hired from the collaborators. This ruling clarifies that pure revenue-sharing models without actual service provision or rental arrangements fall outside the ambit of Section 194I’s Tax Deducted at Source provisions.
Unpaid Audit Fees and Auditor Independence: What the ICAI Code of Ethics Really Says No, an auditor is not barred… Read More
Moving to the UAE: What Actually Decides Your Indian Tax Residence Documents show where you live, not your tax status… Read More
Depreciation Rate Chart (Income-tax Act, 1961) (As shown in the above applicable from FY 2025-26 onwards on WDV basis) Asset… Read More
Summary of August 2026 GST Revenue Review The AUG 2026 gst revenue report final for publishing monthly shows a strong… Read More
DPDP Compliance Readiness: A Detailed Guide for Businesses The Digital Personal Data Protection Act, 2023 (DPDP Act) and the DPDP… Read More
CBDT Extends Tax Audit & ITR Due Dates for AY 2026-27 Background: The Rajasthan High Court's Intervention The announcement came… Read More