https://www.taxtmi.com/caselaws?id=297660 The Authority for Advance Rulings admitted the application for further proceedings as the tax questions raised were not already pending before the Income-tax authority. The Authority considered the tax liability on offshore equipment supply, obligation to deduct taxes at source, determination of permanent establishment, attribution of consideration to Indian operations, and taxability of services under the tax treaty. The case involved analyzing the strategic alliance agreement between a Korean company and PVR, focusing on tax implications under the Income-tax Act and the India-Korea tax treaty. en-us Tue, 15 Dec 2020 00:00:00 +0530 Fri, 05 Aug 2022 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297660 The Authority for Advance Rulings admitted the application for further proceedings as the tax questions raised were not already pending before the Income-tax authority. The Authority considered the tax liability on offshore equipment supply, obligation to deduct taxes at source, determination of permanent establishment, attribution of consideration to Indian operations, and taxability of services under the tax treaty. The case involved analyzing the strategic alliance agreement between a Korean company and PVR, focusing on tax implications under the Income-tax Act and the India-Korea tax treaty. Case-Laws Income Tax Tue, 15 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297660