FTS and Interest Income earned from joint venture Indian company shall be taxed as per order passed TDS officer u/s 195 of Income Tax Act: ITAT [Read Order]

By Aparna. M - On October 18, 2023 8:00 am - 2 mins read

FTS and Interest Income earned - joint venture Indian company - taxed as per order passed TDS officer - Income Tax Act-ITAT-TAXSCAN

The Income Tax Appellate Tribunal (ITAT), Delhi bench held that the Fee for Technical Service (FTS) and interest income earned from the joint venture Indian company should be taxed as per the order passed by the Tax Deduction at Source Officer under Section 195 of the Income Tax Act, 1961. The assessee, Foundation Co. of…

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