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Sum paid to NR for providing equipment and software to Indian clients facilitating ‘Forex deal matching’ is royalty
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International Tax
Sum paid to NR for providing equipment and software to Indian clients facilitating ‘Forex deal matching’ is royalty
Posted on
on
July 24, 2014
Tenet Tax Daily July 18 2014
By
tenettax-team
International Tax
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Interest earned from inter-corporate loans and foreign currency account are eligible for sec. 10B relief
ITAT lays down litmus test to determine ‘closely linked’ transactions for TP purposes and for their clubbing