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DAPE wholly Tax-Neutral, if Agent paid Remuneration on ALP: ITAT


By
Mariya Paliwala - On January 31, 2021 4:49 pm
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the dependent agent permanent establishment (DAPE) is wholly tax-neutral if the Agent paid remuneration on Arm’s Length Price (ALP).
The assessee, Asia Today Limited is a foreign telecasting company incorporated in Mauritius and having a tax residency certificate of Mauritius. It sells advertising time and collects subscription revenues through its Indian affiliates Zee Telefilms Limited and El Zee, but its claim was that since it does not have any permanent establishment in India, no part of its income was taxable in India. ....

Mariya Paliwala , Taxscan Adfree , Pramod Kumar , Mel Zee , Zee Telefilms , Asia Today , Income Tax Appellate Tribunal , Mumbai Bench , Length Price , Asia Today Limited , Zee Telefilms Limited , Assessing Officer , India Mauritius , Vice President , மரியா பலிவாலா , பிரமோத் குமார் , எல் ஸீ , ஸீ டெலிஃபில்ம்ஸ் , ஆசியா இன்று , வருமானம் வரி மேல்முறையீடு தீர்ப்பாயம் , மும்பை பெஞ்ச் , நீளம் ப்ரைஸ் , ஆசியா இன்று வரையறுக்கப்பட்டவை , ஸீ டெலிஃபில்ம்ஸ் வரையறுக்கப்பட்டவை , மதிப்பீடு அதிகாரி , இந்தியா மொரீஷியஸ் ,