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Group Cos negotiating/securing contracts on behalf of foreign Co. would be deemed as service PE in India

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  • Group Cos negotiating/securing contracts on behalf of foreign Co. would be deemed as service PE in India
Posted onon October 7, 2014

Tenet Tax Daily October 06 2014

By tenettax-team
Corporate Tax, International Tax

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Equity investments in AE can’t be deemed as loans/advances; it’s outside the ambit of international transaction
Sum paid for importing service manuals which contained instructions for usage of equipment wasn’t royalty

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