https://www.taxtmi.com/caselaws?id=457015 ITAT Chennai remitted TDS credit claims and royalty income issues back to AO for fresh examination after finding insufficient verification of tax deduction details and corresponding income declarations. The tribunal directed AO to re-examine whether Panasonic Carbon India deducted tax, for which assessment year, and if corresponding income was properly declared. Regarding employee secondment costs, ITAT upheld lower authorities' decision that payments to high-level technical executives from Japan constituted fees for technical services under Section 9(1)(vii), as employees worked under direction and control of the Japanese parent company while providing specialized technical services to the Indian subsidiary. en-us Thu, 02 Aug 2018 00:00:00 +0530 Sat, 31 Aug 2024 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457015 ITAT Chennai remitted TDS credit claims and royalty income issues back to AO for fresh examination after finding insufficient verification of tax deduction details and corresponding income declarations. The tribunal directed AO to re-examine whether Panasonic Carbon India deducted tax, for which assessment year, and if corresponding income was properly declared. Regarding employee secondment costs, ITAT upheld lower authorities' decision that payments to high-level technical executives from Japan constituted fees for technical services under Section 9(1)(vii), as employees worked under direction and control of the Japanese parent company while providing specialized technical services to the Indian subsidiary. Case-Laws Income Tax Thu, 02 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457015