Monday, May 6, 2019

Referral charges paid to Indian Branch of 'Credit Suisse' to Foreign Branch not taxable in India as FTS

IT/ILT: Where Dubai based branch of assessee, a foreign bank, received referral charges from its Indian Branch for referring a resident client to Indian branch for bringing out issue of convertible bonds, amount so received was not liable to tax in India as fee for technical services

from www.taxmann.com Latest Case Laws http://bit.ly/2H4CT4f
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