The Income Tax Appellate Tribunal (ITAT), Mumbai held that the payment made by Volkswagen (Indian Company) to a Foreign Celebrity for appearance outside India is taxable. In the case of Volkswagen Finance Pvt Ltd. vs. Income Tax Officer, the tribunal observed that the income embedded in payment to the international celebrity i.e. Nicholas Cage, for […]
The post Payment by Volkswagen to a Foreign Celebrity Nicholas Cage for Appearance outside India is Taxable: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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