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ITAT teaches basics to AO: Income earned by ‘RNOR’ from services rendered abroad wasn’t taxable in India

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  • ITAT teaches basics to AO: Income earned by ‘RNOR’ from services rendered abroad wasn’t taxable in India
Posted onon May 24, 2014

Tenet Tax Daily May 23 2014

By tenettax-team
Individual Taxation, International Tax

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No remand order as CIT(A) had analyzed all clauses of India-UK DTAA to hold that sums couldn’t be taxed as royalty
For MAT Computations P&L account to be prepared as per Schedule VI of Companies Act if business has commenced

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