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Equity investments in AE can’t be deemed as loans/advances; it’s outside the ambit of international transaction

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  • Equity investments in AE can’t be deemed as loans/advances; it’s outside the ambit of international transaction
Posted onon October 7, 2014

Tenet Tax Daily October 04 2014

By tenettax-team
Corporate Tax, International Tax

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ITAT directs AO to examine agreement with NR agents and ascertain whether services rendered by them were FTS
Group Cos negotiating/securing contracts on behalf of foreign Co. would be deemed as service PE in India

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