CORPORATE & PROFESSIONAL UPDATES 28TH MAY 2018
Direct Tax: kolkata ITAT rules that assessee (an Indian BPO company) not liable to deduct TDS u/s. 195 on payment of market support fees to US entities (including assessee’s US based wholly owned subsidiary) for securing orders and solicit business from foreign customers during AY 2012-13; [TS-265-ITAT-2018(Kol)] SC admits Revenue’s SLP challenging Gujarat HC judgment granting Article 8 relief under India-Singapore DTAA …