Intermediary services provided to Bombardier Transportation India doesn’t amount to FTS, not taxable under India-Sweden DTAA: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the intermediary services provided by Bombardier Transportation, Sweden to Bombardier Transportation India does not amount to Fees for technical services (FTS) and so it is not taxable under India-Sweden Double Taxation Avoidance Agreement (DTAA). The appellant, Bombardier Transportation, Sweden had rendered intermediaries services like marketing, […]

from Taxscan | Simplifying Tax Laws https://ift.tt/35RnU90