No disallowance due to retro-amendment

Law prevalent at time of making payments would decide TDS liability; no disallowance due to retro-amendment

[2015] 56 taxmann.com 357 (Panaji - Trib.)

IN THE ITAT PANAJI BENCH

Assistant Commissioner of Income-tax, Circle-2 (1), Panaji, Goa

v.

Ajit Ramakant Phatarpekar

Where assessee made payments to foreign parties for monitoring and supervision of discharged cargo, in view of fact that retrospective amendment brought to section 9(1)(vii) by Finance Act, 2010 was not in existence at time when payments were made, amount in question was not taxable in India as fee for technical services