Taxability of Data Processing Fees paid by assessee to its overseas branch cannot treated as FTS as per India-France DTAA: ITAT [Read Order]

Taxability of Data Processing Fees - assessee to its overseas branch - treated as FTS as per India - France DTAA - ITAT - TAXSCAN

The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that taxability of date processing fees paid by assessee to its overseas branch could not be treated as Fees for Technical Services (FTS) as per India France Double Taxation Avoidance Agreement(DTAA). Assessee, BNP Paribas  is a commercial bank having its head office in France. The assessee has …

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