https://www.taxtmi.com/caselaws?id=244471 The ITAT upheld the CIT(A)'s decision, classifying the income as Fees for Technical Services (FTS) and subject to a 10% tax rate under Section 115A and Section 9(1)(vii) of the Income Tax Act, 1961. The ITAT determined that the activities did not qualify as construction or assembly projects, falling within the FTS definition. The existence of a Permanent Establishment was deemed irrelevant. The A.O. was directed to verify tax compliance by KPTL and ensure implementation of the decision, ultimately allowing the Revenue's appeal. en-us Fri, 14 Feb 2014 00:00:00 +0530 Thu, 27 Feb 2014 08:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244471 The ITAT upheld the CIT(A)'s decision, classifying the income as Fees for Technical Services (FTS) and subject to a 10% tax rate under Section 115A and Section 9(1)(vii) of the Income Tax Act, 1961. The ITAT determined that the activities did not qualify as construction or assembly projects, falling within the FTS definition. The existence of a Permanent Establishment was deemed irrelevant. The A.O. was directed to verify tax compliance by KPTL and ensure implementation of the decision, ultimately allowing the Revenue's appeal. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244471