Friday, September 25, 2020

Yum! Restaurants India do not constitute DAPE in India: ITAT Delhi [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that Yum! Restaurants (India) Private Limited and Yum! Restaurants Marketing Pvt. Ltd. does not constitute Dependent Agent PE (DAPE) in India. The assessee, M/s. Yum! Restaurants (Asia) Pvt. Ltd. is an entity in Singapore and has entered into Technology License Agreement (TLA) with only YRIPL, which […]

from Taxscan | Simplifying Tax Laws https://ift.tt/34356T1

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