Court :
Payment made abroad taxable if deal has links with India
Brief :
In this case, the ITAT gave an order favouring the I-T departments decision to levy tax on $1 million (about Rs 4.5 crore) paid by an Indian company to a Chinese firm for services rendered in China.
Citation :
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English