OrbitaxMumbai Appellate Tribunal Rules on the Nature of Income Derived from Providing Access to a Foreign Company's e-Portal
|Treaty Development|India-United Kingdom
The Mumbai Appellate Tribunal recently ruled on a case concerning the taxation of income derived by a foreign company from providing software and equipment used to access the e-portal of the company.
The case involved a U.K. company that provides foreign exchange deal match making systems for clients in India. The U.K. company entered into contracts and received payments from the Indian clien…
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