Receipts from Passenger System Solutions not taxable as FTS in India: ITAT Mumbai

DCIT (IT) Vs Sita Information Networking Computing USA Inc. (ITAT Mumbai) In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai dismissed appeals filed by the Deputy Commissioner of Income Tax against Sita Information Networking Computing USA Inc., holding that receipts from Passenger System Solutions are not taxable as Fees for Technical Services (FTS) in India. Case Background Sita Information Networking Computing USA Inc., incorporated and tax resident in the USA, provides application services to the global air transport sector, including Airport Systems Solutions and Pas...