Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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ITAT Rules VLCC Health Care Ltd.’s Revenue-Sharing Model Not Subject to TDS, Dismisses Revenue’s Appeal
Appeal Against OrderIncome Tax
The ITAT ruled that VLCC Health Care Ltd.'s revenue-sharing model under its franchise agreement is not subject to Tax Deducted at Source (TDS). The Revenue’s appeal against the CIT(A)'s decision was dismissed. The tribunal observed that VLCC’s model was purely for revenue sharing and not for services or hiring of premises, thus affirming the CIT(A)’s decision in favor of VLCC Health Care Ltd.
