‘Cost Recharge’ Not Taxable as FTS under Indo-UK Treaty: ITAT [Read Order]

By Aparna. M - On January 25, 2023 3:18 pm - 2 mins read
Cost Recharge - Taxable - FTS - FTS under Indo-UK Treaty - Indo-UK Treaty - ITAT - Income Tax - taxscan

The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that cost charges are not taxable as Fee for technical service under Indo –UK Treaty. Assessee was a company registered in the United Kingdom and was a tax resident of that State and assessee was an international, integrated engineering and consultancy company. The…

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