https://www.taxtmi.com/caselaws?id=429347 The Tribunal upheld the CIT (Appeals) decision, rejecting the Revenue's appeal. The Overseas Consultancy Income (OCI) was correctly offered as Fee for Technical Services (FTS) under Section 115A, as it was not effectively connected to the Permanent Establishment (PE) in India. The cross-objection filed by the assessee was dismissed, and the additional ground regarding Education Cess was not pressed. Both the Revenue's appeal and the assessee's cross-objection were dismissed. en-us Thu, 20 Oct 2022 00:00:00 +0530 Sat, 22 Oct 2022 10:05:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429347 The Tribunal upheld the CIT (Appeals) decision, rejecting the Revenue's appeal. The Overseas Consultancy Income (OCI) was correctly offered as Fee for Technical Services (FTS) under Section 115A, as it was not effectively connected to the Permanent Establishment (PE) in India. The cross-objection filed by the assessee was dismissed, and the additional ground regarding Education Cess was not pressed. Both the Revenue's appeal and the assessee's cross-objection were dismissed. Case-Laws Income Tax Thu, 20 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429347