Foreign Subsidiary Company not providing Technical Knowledge to Assessee: ITAT holds Outsourcing Charges are not Taxable as FTS or FIS [Read Order]

Foreign Subsidiary Company - Assessee - ITAT - FTS - FIS - taxscan

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has held that foreign subsidiary company not providing technical knowledge to the assessee and holds that outsourcing charges are not taxable as Fees for Technical Services (FTS) under the Act and as Fees for Included Services (FIS) under the India-US Tax Treaty. The appellant…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹599 + GST for 1 year

Subscribe Now

IRunway India Private Limited vs DCIT

Counsel for Appellant:   Shri. T. Suryanarayana

Counsel for Respondent:   Mrs. Susan D. George


Related Stories