No Income Tax on Revenue from IDC, Management and Referral Agreements as per India-Singapore DTAA: ITAT

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the income tax cannot be levied on the revenue received from IDC agreement, management agreement, and referral agreement as per the Double Taxation Avoidance Agreement (DTAA) India-Singapore. The appellant, a Singapore based Company, engaged in providing the following services to its […]

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