Netflix To File Plea Against ₹196 Cr Tax Demand
Online streaming major Netflix to file an appeal before the income tax appellate tribunal against the Rs 196 crore tax demand raised by the taxmen over alleged tax evasion. Netflix's move comes after the Dispute Resolution Panel (DRP) allowed the tax demand raised by its international taxation wing. The IT department had contended that Netflix Entertainment Services LLP acted as a dependent agent permanent establishment (DAPE) of Netflix.