Thursday, October 15, 2020

Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]

Cost allocation - International Freight Logistic Support Services - Reimbursement - GAM Expenses - Technical Services - FIS - ITAT - TaxscanThe Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the Cost allocation of international freight logistic support services and reimbursement of Global Account Management (GAM) expenses can not be treated as Technical Services or Fee for Included Services (FIS). The assessee, M/s Expeditors International of Washington is a foreign company incorporated under the laws […]

from Taxscan | Simplifying Tax Laws https://ift.tt/37budq3

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