https://www.taxtmi.com/caselaws?id=442856 The Tribunal allowed the appeals for AY 2019-20 and 2020-21, ruling in favor of the assessee on the classification of revenue as 'Royalty' or 'FTS' under the India-UK DTAA. The services provided were deemed not taxable as 'Royalty' or 'FTS' as they involved factual data without copyrightable work or technical knowledge transfer. Directions were given for verification and remedial actions on TDS credit and refund claims, with penalty proceedings deemed premature and not requiring adjudication at that stage. en-us Wed, 06 Sep 2023 00:00:00 +0530 Tue, 12 Sep 2023 09:24:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442856 The Tribunal allowed the appeals for AY 2019-20 and 2020-21, ruling in favor of the assessee on the classification of revenue as 'Royalty' or 'FTS' under the India-UK DTAA. The services provided were deemed not taxable as 'Royalty' or 'FTS' as they involved factual data without copyrightable work or technical knowledge transfer. Directions were given for verification and remedial actions on TDS credit and refund claims, with penalty proceedings deemed premature and not requiring adjudication at that stage. Case-Laws Income Tax Wed, 06 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442856