https://www.taxtmi.com/forum/issue?id=108191 Cross-border lease of equipment from a US lessor for ten years raises whether prior regulatory approvals are required and whether rent remitted in foreign currency is taxable in India; the lessee questions whether operating leases fall under automatic approval routes. The discussion notes an initial view that approval is required and rent is taxable, while the lessee seeks clarification on applicable TDS withholding and whether the payment is characterised as royalty, technical fees, or other income under the India-US double taxation framework. en-us Tue, 03 Mar 2015 17:48:01 +0530 Thu, 23 Jan 2025 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108191 Cross-border lease of equipment from a US lessor for ten years raises whether prior regulatory approvals are required and whether rent remitted in foreign currency is taxable in India; the lessee questions whether operating leases fall under automatic approval routes. The discussion notes an initial view that approval is required and rent is taxable, while the lessee seeks clarification on applicable TDS withholding and whether the payment is characterised as royalty, technical fees, or other income under the India-US double taxation framework. Discussion-Forum Indian Laws Tue, 03 Mar 2015 17:48:01 +0530 https://www.taxtmi.com/forum/issue?id=108191