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FTS paid to NR was taxable in India as payer’s source of income from such services was in India

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  • FTS paid to NR was taxable in India as payer’s source of income from such services was in India
Posted onon June 16, 2016

Tenet Tax Daily June 13 2016

By tenettax-team
Individual Taxation, International Tax

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Compensation paid by firm to its retiring partner is treated as goodwill, eligible for depreciation
Sum received by US co. for providing web hosting service wasn’t royalty, though involving use of scientific equipment

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