CORPORATE AND PROFESSIONAL UPDATES 17TH MAY 2018
Direct Tax: Delhi HC sets aside ITAT order holding payment by airline company (assessee) for services under crew lease agreement with Lufthansa, Germany as non-taxable ‘business profit’ absent PE in India, directs ITAT to examine taxability as FTS u/s. 9(1)(vii) and Article VIIIA of India-Germany DTAA; [TS-245-HC-2018(DEL)] Delhi HC sets aside ITAT order passed u/s. 254(2) …