https://www.taxtmi.com/caselaws?id=306363 The Tribunal ruled in favor of the assessee, holding that the royalty income was not taxable in India under the India-USA Double Taxation Avoidance Treaty (DTAA). It was determined that the assessee did not have a permanent establishment in India, leading to the rejection of taxability of the income as business profits in India. The Tribunal's decision was based on the interpretation of relevant provisions of the Income Tax Act and previous Tribunal decisions supporting the assessee's position. en-us Mon, 14 Oct 2019 00:00:00 +0530 Tue, 24 Jan 2023 19:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306363 The Tribunal ruled in favor of the assessee, holding that the royalty income was not taxable in India under the India-USA Double Taxation Avoidance Treaty (DTAA). It was determined that the assessee did not have a permanent establishment in India, leading to the rejection of taxability of the income as business profits in India. The Tribunal's decision was based on the interpretation of relevant provisions of the Income Tax Act and previous Tribunal decisions supporting the assessee's position. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306363