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Services without transfer of any technical knowledge doesn’t qualify as FTS: ITAT Mumbai
Case Law Details
- Case Name
- Murex Southeast Asia Pvt. Ltd. Vs DCIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2019-20
- Courts
- All ITAT, ITAT Mumbai
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Murex Southeast Asia Pvt. Ltd. Vs DCIT (ITAT Mumbai)
ITAT Mumbai held that receipts from maintenance and support services and additional services, without transfer of any technical knowledge, know-how, skill, etc., are not in the nature of Fee for Technical Services (FTS) and hence not taxable in India.
Facts- The assessee is a non-resident corporate entity incorporated under the laws of Singapore and is a tax resident of Singapore. As stated by the Assessing Officer, the assessee is engaged in the business of providing/sublicensing software to entities in the Financial Servic...
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