https://www.taxtmi.com/caselaws?id=253408 The Tribunal upheld the establishment of a Permanent Establishment (PE) in India for a UK-based partnership firm, making profits attributable to the PE taxable. It rejected the assessee's request to compute income based on estimated fee rates and disallowed reimbursements of expenses as income. The charging of interest under Section 234B was deleted due to Tax Deducted at Source (TDS) compliance. The Tribunal affirmed the eligibility of the assessee for benefits under the Indo-UK Double Taxation Avoidance Agreement. The Tribunal partially allowed the assessee's appeal and dismissed the revenue's appeal on 8th August 2014. en-us Fri, 08 Aug 2014 00:00:00 +0530 Mon, 16 Feb 2015 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253408 The Tribunal upheld the establishment of a Permanent Establishment (PE) in India for a UK-based partnership firm, making profits attributable to the PE taxable. It rejected the assessee's request to compute income based on estimated fee rates and disallowed reimbursements of expenses as income. The charging of interest under Section 234B was deleted due to Tax Deducted at Source (TDS) compliance. The Tribunal affirmed the eligibility of the assessee for benefits under the Indo-UK Double Taxation Avoidance Agreement. The Tribunal partially allowed the assessee's appeal and dismissed the revenue's appeal on 8th August 2014. Case-Laws Income Tax Fri, 08 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253408