ITAT: Deletes Sec. 40(a)(i) disallowance; Allows MFN clause benefit on FTS payments to Swedish co.


Conclusion

Kolkata ITAT deletes disallowance of fees for technical services (FTS)  u/s 40(a)(i) made by assessee ( a tours and travel company) to a Swedish entity during AY 2008-09,...

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