Withholding Tax on Foreign Remittances – the GE India Case and Its Implications

Journal
India
Bulletin for International Taxation 2011 (Volume 65), No. 6
This article reviews the potential legal implications of the Indian Supreme Court judgement in GE India Technology Centre Pvt. Ltd. v. Commissioner of Income Tax and Another (2010) regarding the obligation to deduct tax at source under section 195 of the Income Tax Act, 1961 and the procedural regulations governing foreign remittances.