Wednesday, February 18, 2015

[aaykarbhavan] Retainership charges paid to NR agents to promote business in foreign country would be outside the ambit of 'FTS'



Retainership charges paid to NR agents to promote business in foreign country would be outside the ambit of 'FTS'

February 18, 2015[2015] 54 taxmann.com 138 (Delhi - Trib.)/[2014] 369 ITR 109 (Delhi - Trib.)
IT/ILT: Retainership charges paid by assessee to overseas non-resident agents to promote its business in foreign countries would not fall within meaning of 'Fee for technical services' under section 9(1)(vii)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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