Saturday, August 4, 2018

No error by CIT(A) in issuing no withholding tax directions if foreign remittance made to NR wasn’t taxable

IT : Where assessee filed appeal under section 248 seeking declaration that no tax was deductible in respect of foreign remittance made to AACL ,Israel in respect of rendering of managerial services as said managerial services did not make available technical knowledge, experience, skill, know-how or processes or consist of development and transfer of a technical plan or technical design which enabled assessee to apply technology contained therein in terms of Double Tax Avoidance Agreement (DTAA

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000182780/no-error-by-cita-in-issuing-no-withholding-tax-directions-if-foreign-remittance-made-to-nr-wasn’t-taxable.aspx

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