Management Fee On ECB Partakes Character Of 'Interest' U/s 2(28A), Hence Exempt Under Art.11 Of Indo Germany DTAA: Delhi ITAT
The Delhi ITAT ruled that management fee received by the non-resident taxpayer bank for extending ECB to an Indian entity is not taxable as fee for technical services (FTS) since it partakes the...
Danesh Bafna Hardik Nirmal Sisecam Flat Glass India Ltd Revenue Department Division Bench Saktijit Dey Vice President
Source: livelaw.in