Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2008 (10) TMI 15 - AAR - Income Tax
Applicant, a part of the Department of Space, Govt. of India had contract with M/s. Inmarsat Global Ltd. (IGL U.K.) – applicant pay amount to IGL for getting lease of space segment capacity - IGL has no PE in india - business of IGL is not liable to tax in India in respect of lease amount - income arising out of payments received by IGL from the applicant pursuant to the Agreement, is not in the nature of royalty either under IT Act or the Treaty, hence applicant is not liable to TDS u/s 195