Friday, January 8, 2021

Mere procurement of export orders by non-resident couldn't be held as managerial/consultancy services

INCOME TAX/ILT : Mere rendering of service of procurement of export orders by a non-resident company for Indian company does not fall in category of managerial/consultancy services as explained in Explanation 2 to section 9(1)(vii)

from www.taxmann.com Latest Case Laws https://ift.tt/3s56909

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...