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Indian Company's Management Fees from Subsidiaries Not Taxable as Technical Services Due to MFN Clauses.
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....Management Service Fees to be taxable as Fees for Technical Services or not – on the principle of the most favoured nation (MFN) clauses the payment of ₹ 5.93 Crores received by the assessee company from its Indian subsidies cannot be brought to tax - AT....
TaxTMI
TaxTMI