Tax alert: Guarantee fees from subsidiary,taxable as income from other sources has been saved
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Tax alert: Guarantee fees from subsidiary,taxable as income from other sources
21 November 2023
The Kolkata Bench of the Income-tax Appellate Tribunal, based on the facts of the case, has held that guaranteefees earned from Indian subsidiary company, is taxable under the head income from other sources, as per Article 21 of the India-Finland tax treaty.
