In a significant ruling clarifying the tax liability of multinational corporations with operations in India, the Income Tax Appellate Tribunal (ITAT) has held that the assessee, a Hong Kong-based cable and satellite channels Company, can only be taxed for the commissions it earns and license fees it charges in India as opposed to its entire […]
The post Income Tax Liability of Multinational Companies: ITAT grants Partial Relief to Fox International [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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