ESOP expenditure allowed as FMV difference; long-term capital gain issue sent back for collector rate determination; deferred income additions disallo...
Appeal allowed; impugned order quashed as regulator failed to prove nexus or manipulative scheme; sale genuine - s.12A(a)-(c), Regs 3(a)-(d),4(1),4(2)...
Appellant's ring-back tone service held OIDAR, taxable domestically for 01.07.2012-31.07.2016; liability confirmed, penalties vacated, remanded for re...
ITAT allowed the appeal of the foreign taxpayer (a UK tax resident) and held that amounts received for provision of proprietary e-invoicing software and incidental training do not constitute "fees for technical services" under Article 13(4) of the India-UK DTAA. Relying on the HC's analysis, the tribunal found the requisite "make available" condition absent because the training merely enabled use of the taxpayer's e-platform and did not transfer technical know-how, processes, or rights that would allow the recipient to independently render the invoicing service. Consequently, such receipts do not accrue or arise in India as FTS and are not chargeable to tax under the Act.
ITAT allowed the appeal of the foreign taxpayer (a UK tax resident) and held that amounts received for provision of proprietary e-invoicing software and incidental training do not constitute "fees for technical services" under Article 13(4) of the India-UK DTAA. Relying on the HC's analysis, the tribunal found the requisite "make available" condition absent because the training merely enabled use of the taxpayer's e-platform and did not transfer technical know-how, processes, or rights that would allow the recipient to independently render the invoicing service. Consequently, such receipts do not accrue or arise in India as FTS and are not chargeable to tax under the Act.
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