Assessee's Payment Not FTS: IPR Retained by Non-Resident Supplier; No Business Exploitation of Design & Development.

Assessee's Payment Not FTS: IPR Retained by Non-Resident Supplier; No Business Exploitation of Design & Development. https://www.taxtmi.com/highlights?id=38713 Fees for technical services (FTS) - nature of payment - the assessee was not exploiting the D&D for business purposes, that IPR of the D&D were retained by the non resident supplier - disputed amount cannot be considered as FTS - AT en-us Mon, 02 Apr 2018 15:37:22 +0530 Mon, 02 Apr 2018 15:37:22 +0530 TaxTMI RSS Generator Assessee's Payment Not FTS: IPR Retained by Non-Resident Supplier; No Business Exploitation of Design & Development. https://www.taxtmi.com/highlights?id=38713 Fees for technical services (FTS) - nature of payment - the assessee was not exploiting the D&D for business purposes, that IPR of the D&D were retained by the non resident supplier - disputed amount cannot be considered as FTS - AT Highlights Income Tax Mon, 02 Apr 2018 15:37:22 +0530 https://www.taxtmi.com/highlights?id=38713