https://www.taxtmi.com/caselaws?id=262540 The Authority admitted the application concerning the taxability of income from fees for technical services (FTS) under the DTAA between India, Belgium, and Portugal. It was clarified that the application did not pertain to income from royalty and interest, and the applicant's stance on this matter was accepted. The Authority distinguished between the FTS income issue and the alleged tax avoidance related to royalty and interest income, allowing the Revenue to address the latter separately. This decision ensures a fair assessment of tax liabilities under the respective agreements. en-us Mon, 27 Apr 2015 00:00:00 +0530 Thu, 13 Aug 2015 07:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262540 The Authority admitted the application concerning the taxability of income from fees for technical services (FTS) under the DTAA between India, Belgium, and Portugal. It was clarified that the application did not pertain to income from royalty and interest, and the applicant's stance on this matter was accepted. The Authority distinguished between the FTS income issue and the alleged tax avoidance related to royalty and interest income, allowing the Revenue to address the latter separately. This decision ensures a fair assessment of tax liabilities under the respective agreements. Case-Laws Income Tax Mon, 27 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262540