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2014 (5) TMI 1209 - AT - Income TaxFees for technical services - Receipts on account of transportation fee - taxable as ‘FTS’ u/s. 9(1)(vii) or not? - HELD THAT:- Fees earned by the assessee under the transportation agreement are not FTS and cannot be taxed u/s. 9(1)(vii) of the Act. Taking support from the decision of the Tribunal in assessee’s own case for A.Y. 2006-07 [2012 (2) TMI 365 - ITAT MUMBAI] the Ld. CIT(A) correctly held that the services rendered by the assessee are not managerial, technical or consultancy services and deleted the addition made by the AO. - Decided against revenue.
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