Payment received by Non Resident assessee from Indian Company for IUC cannot be taxed as Royalty in India u/s 9(1)(vi) of Act on absence of DTAA: ITAT [Read Order]

Payment received by the non-resident assessee from an Indian Company for IUC could not be taxed as royalty in India under Section 9(1)(vii) of the Income Tax Act, 1961 in the absence of DTAA.
ITAT bangalore - DTAA - u/s 9(1)(vi) of Act - Double Taxation Avoidance Agreement - Income Tax Appellate Tribunal - TAXSCAN

The Bangalore bench of Income Tax Appellate Tribunal (ITAT) held that payment received by the non resident assessee from an Indian Company for IUC could not be taxed as royalty in India under Section 9(1)(vii) of the Income Tax Act, 1961 in the absence of Double Taxation Avoidance Agreement (DTAA). The Assessee  Globe Teleservices Ltd….

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