https://www.taxtmi.com/caselaws?id=305084 The Tribunal partly allowed the appeal, granting relief on the deductibility of interest paid by the PE to the head office and rejecting the taxability of such interest in the hands of the head office. The cross-objections by the AO were dismissed. The issue concerning the non-applicability of Section 44C was remitted to the AO for further assessment. en-us Mon, 27 Jun 2022 00:00:00 +0530 Tue, 15 Nov 2022 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305084 The Tribunal partly allowed the appeal, granting relief on the deductibility of interest paid by the PE to the head office and rejecting the taxability of such interest in the hands of the head office. The cross-objections by the AO were dismissed. The issue concerning the non-applicability of Section 44C was remitted to the AO for further assessment. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305084