https://www.taxtmi.com/caselaws?id=334648 The Tribunal held that the services provided by the non-resident company to the Indian company did not qualify as 'Fee for Technical Services (FTS)' under the India-Finland Double Taxation Avoidance Agreement. It was determined that the services did not make available technical knowledge, experience, skill, know-how, or processes to the Indian company. Consequently, the appeals were allowed in favor of the assessee, with the issues of interest chargeability and penalty proceedings considered consequential and not requiring separate adjudication. en-us Fri, 14 Oct 2016 00:00:00 +0530 Thu, 17 Nov 2016 15:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334648 The Tribunal held that the services provided by the non-resident company to the Indian company did not qualify as 'Fee for Technical Services (FTS)' under the India-Finland Double Taxation Avoidance Agreement. It was determined that the services did not make available technical knowledge, experience, skill, know-how, or processes to the Indian company. Consequently, the appeals were allowed in favor of the assessee, with the issues of interest chargeability and penalty proceedings considered consequential and not requiring separate adjudication. Case-Laws Income Tax Fri, 14 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334648