Indian tax authorities have lodged an appeal in the Supreme Court contesting the February 5 decision of the Delhi High Court in e-Funds IT Solutions/e-Funds Corp v. DIT, reports the Financial Express in a November 5 article. In e-Funds, the Delhi High Court concluded that a US parent and a related US subsidiary did not have a permanent establishment in India under the US-India income tax treaty by virtue engaging an Indian subsidiary to perform back office and data entry services. See, Financial Express, e-Funds IT Solutions/ e-Funds Corp v. DIT
ndian tax authorities have lodged an appeal in the Supreme Court contesting the February 5 decision of the Delhi High Court in e-Funds IT Solutions/e-Funds Corp v. DIT, reports the Financial Express in a November 5 article. In e-Funds, the Delhi High Court concluded . . .
