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Indian Tribunal Holds Rental, Advertising, and Exhibition Fees Not Subject to Withholding Tax

|Approved Changes|India
India

The Delhi Income Tax Appellate Tribunal recently issued a decision concerning whether tax withheld on payments for advertising and exhibition services should be refunded. The case involved BrahMos Aerospace, an India-Russia Joint Venture based in India.

In the year concerned, BrahMos made payment to foreign entities for foreign office rental, foreign exhibitions, and advertising of its product…

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