Friday, May 29, 2020

Air France not Taxable in India for Profit derives from Pool Participation as per DTAA: ITAT [Read Order]

In a major relief to Air France, the Income Tax Appellate Tribunal (ITAT) has held that the Company is not liable to income tax in India for its services/activities and profit thereof derives from pool participation. The Assessing Officer noted that the assessee, through its Indian branch is deriving various income including profit from technical […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Xz2LvS

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