Sum paid to Foreign Co. towards supervision & installation of pipes and fittings couldn't be held as FTS

IT/ILT: Where assessee engaged in business of export of special pipes, made payments to foreign party towards supervision of installation of pipes and fittings, since same was in respect of assembly of project, said payments would squarely fall within sweep of exceptions carved out in Explanation 2 to section 9(1)(vii) and thus could not be held as FTS

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