Wednesday, July 18, 2018

Reimbursement of salary of seconded employees by ‘Morgan Stanley’ couldn’t be taxed as FTS: ITAT

IT/ILT : Payment received by assessee a Singapore based company from its associated enterprise in India viz. Morgan Stanley Advantage Services Private Limited (MSAS) towards reimbursement of salary for seconded employees, not FTS under Act as well as India-Singapore DTAA

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000182370/reimbursement-of-salary-of-seconded-employees-by-‘morgan-stanley’-couldn’t-be-taxed-as-fts-itat.aspx

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