AO Exceeded Jurisdiction by Reclassifying Royalty Income as FTS: ITAT Bangalore

Edunxt Global SDN – BHD Vs DCIT (International Taxation) (ITAT Bangalore) Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has set aside a final assessment order against Edunxt Global SDN – BHD, a Malaysian online education provider, ruling that the Assessing Officer (AO) exceeded the scope of a previous remand order. The Tribunal held that the AO was not authorized to reclassify the assessee’s income from “royalty” to “Fees for Technical Services” (FTS) during proceedings that were limited in scope. The case pertains to the Assessment Year 2014-...