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Sum received for supply of equipment with user guide on how to install and use it, couldn’t be taxable as royalty
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Corporate Tax
Sum received for supply of equipment with user guide on how to install and use it, couldn’t be taxable as royalty
Posted on
on
September 23, 2014
Tenet Tax Daily September 22 2014
By
tenettax-team
Corporate Tax
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Sum received from letting out an office space with facilities of cafeteria and conference room was business income
Secondment of employee by group Co. to Indian affiliate for managerial services constitutes its service PE in India