https://www.taxtmi.com/caselaws?id=356040 The Supreme Court ruled that payments to overseas entities must undergo a fact-specific analysis to determine if they qualify as "fee for technical services" under the Income Tax Act. The Court found that the Revenue failed to assess whether the services provided constituted "fee," requiring a reassessment by the Assessing Officer with potential expert input. The impugned order was set aside, and the case was remitted for further examination in line with established legal principles, resulting in the appeals being allowed. en-us Wed, 24 Jan 2018 00:00:00 +0530 Fri, 23 Feb 2018 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356040 The Supreme Court ruled that payments to overseas entities must undergo a fact-specific analysis to determine if they qualify as "fee for technical services" under the Income Tax Act. The Court found that the Revenue failed to assess whether the services provided constituted "fee," requiring a reassessment by the Assessing Officer with potential expert input. The impugned order was set aside, and the case was remitted for further examination in line with established legal principles, resulting in the appeals being allowed. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356040