ITAT, Mumbai: Payment to Foreign Company for Utilisation of Transponder of Satellite Not Royalty - 11.03.2022

Income Tax Appellate Tribunal (ITAT), Mumbai ruled that the payment made to a foreign company for the utilisation of a transponder centred on a satellite was not in the nature of "royalty" in terms of the Double Taxation Avoidance Agreement (DTAA).

Tags : Income Tax Appellate Tribunal Utilisation of Transponder of Satellite

Share :