The court on 18 December held that Western Union did not have a so-called permanent establishment (PE) in India and, therefore, could not be taxed under the Income Tax Act, 1961, for transactions between 2001 and 2016.
The high court bench ruled that the mere provision of software by a foreign company to its Indian agents did not constitute a PE to attract tax liability.
Bu hikaye Mint New Delhi dergisinin December 20, 2024 sayısından alınmıştır.
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Bu hikaye Mint New Delhi dergisinin December 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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