The ITAT Hyderabad Verdict in Nippon Koei Co. Ltd. provides crucial clarity on distinguishing salary payments from consultancy fees and their impact on TDS disallowances. The ruling emphasizes examining the real nature of services and the existence of an employer-employee relationship before applying withholding tax provisions. This is highly relevant for businesses engaging foreign p... https://www.skmcglobal.com/blog/itat-hyderabad-ruling-in-nippon-koei-co-ltd-key-insights-on-salary-vs-consultancy-and-tds-disallowances