India-UK Tax Treaty: Technical Services Fees Not Taxable if Designs Aren't Reusable by Indian Entities under Article 13(4)(c.

India-UK Tax Treaty: Technical Services Fees Not Taxable if Designs Aren't Reusable by Indian Entities under Article 13(4)(c. https://www.taxtmi.com/highlights?id=45780 Taxability of Fees for technical services (FTS) - In Article–13(4)(c) of the India–UK tax treaty the words “or consists of the development and transfer of a technical plan or technical design”, appearing in the second limb has to be read in conjunction with “make available technical knowledge, experience, skill, knowhow or processes” - since technical design/drawings/plans supplied by the assessee cannot be used by the Indian entity in any other project in future same is not FTS taxable in India en-us Wed, 10 Apr 2019 06:58:11 +0530 Wed, 10 Apr 2019 06:58:11 +0530 TaxTMI RSS Generator India-UK Tax Treaty: Technical Services Fees Not Taxable if Designs Aren't Reusable by Indian Entities under Article 13(4)(c. https://www.taxtmi.com/highlights?id=45780 Taxability of Fees for technical services (FTS) - In Article–13(4)(c) of the India–UK tax treaty the words “or consists of the development and transfer of a technical plan or technical design”, appearing in the second limb has to be read in conjunction with “make available technical knowledge, experience, skill, knowhow or processes” - since technical design/drawings/plans supplied by the assessee cannot be used by the Indian entity in any other project in future same is not FTS taxable in India Highlights Income Tax Wed, 10 Apr 2019 06:58:11 +0530 https://www.taxtmi.com/highlights?id=45780