Supreme Court Clarifies TDS on Airline Ticket Commissions: Singapore Airlines vs. CIT (2022) LEGAL ISSUE: Whether airlines are liable to deduct Tax Deduction at Source (TDS) on the supplementary commission earned by travel agents on the sale of airline tickets. CASE TYPE: Income Tax Law Case Name: Singapore Airlines Ltd. vs. C.I.T., Delhi Judgment Date: […]
Supreme Court Upholds TDS on LTC for Foreign Travel: State Bank of India vs. Assistant Commissioner of Income Tax (2022) LEGAL ISSUE: Whether Leave Travel Concession (LTC) availed by employees, involving a foreign leg in the travel itinerary, is exempt from tax under Section 10(5) of the Income Tax Act, 1961, and whether the employer
Supreme Court Upholds Tax Deduction on Commission Payments to Advertising Agencies: Prasar Bharati vs. Commissioner of Income Tax (2018) Date of the Judgment: April 03, 2018 Citation: (2018) INSC 258 Judges: R.K. Agrawal, J. and Abhay Manohar Sapre, J. Can payments made by a television channel to advertising agencies be considered as “commission,” thus requiring
