https://www.taxtmi.com/caselaws?id=429608 The Tribunal allowed the appeal, ruling that the payment received by the assessee under the Master Franchise Agreement was not taxable as royalty, FTS, or FIS under the India-USA DTAA. The assessing officer's addition to the assessee's income was deemed incorrect and was deleted, following a previous decision in the assessee's favor for the assessment year 2016-17. en-us Mon, 31 Oct 2022 00:00:00 +0530 Tue, 01 Nov 2022 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429608 The Tribunal allowed the appeal, ruling that the payment received by the assessee under the Master Franchise Agreement was not taxable as royalty, FTS, or FIS under the India-USA DTAA. The assessing officer's addition to the assessee's income was deemed incorrect and was deleted, following a previous decision in the assessee's favor for the assessment year 2016-17. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429608