https://www.taxtmi.com/caselaws?id=280018 The appellant challenged the taxation of income from a bank's foreign branches in India, arguing that the branches were not permanent establishments. The tribunal upheld the tax assessment, citing past cases where foreign branch income was taxed under the Double Taxation Avoidance Agreement. The assessing officer verified the tax payments, satisfying the agreement's requirements. The tribunal dismissed the appeal, emphasizing the importance of evidence and adherence to tax payment rules for foreign income. The assessee qualified for the agreement's benefits, leading to the appeal's dismissal. en-us Wed, 07 Jan 2015 00:00:00 +0530 Wed, 17 Apr 2019 10:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280018 The appellant challenged the taxation of income from a bank's foreign branches in India, arguing that the branches were not permanent establishments. The tribunal upheld the tax assessment, citing past cases where foreign branch income was taxed under the Double Taxation Avoidance Agreement. The assessing officer verified the tax payments, satisfying the agreement's requirements. The tribunal dismissed the appeal, emphasizing the importance of evidence and adherence to tax payment rules for foreign income. The assessee qualified for the agreement's benefits, leading to the appeal's dismissal. Case-Laws Income Tax Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280018