https://www.taxtmi.com/caselaws?id=435638 The Tribunal allowed the appeal filed by the assessee concerning the treatment of payments made to its parent company as fees for technical services. It was held that the payments were not subject to disallowance under section 40(a)(i) of the Income Tax Act as they were reimbursements of actual expenses and not fees for technical services. Consequently, the revenue failed to establish the income element required under sections 195 and 9 of the Act, leading to the appeal being allowed. en-us Fri, 13 Jan 2023 00:00:00 +0530 Thu, 23 Mar 2023 21:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435638 The Tribunal allowed the appeal filed by the assessee concerning the treatment of payments made to its parent company as fees for technical services. It was held that the payments were not subject to disallowance under section 40(a)(i) of the Income Tax Act as they were reimbursements of actual expenses and not fees for technical services. Consequently, the revenue failed to establish the income element required under sections 195 and 9 of the Act, leading to the appeal being allowed. Case-Laws Income Tax Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435638