Income from offshore supply of equipment is not attributable to a Project Office (PO) where such PO had no role to play in design and fabrication.
Payment for marketing and distribution rights of advertising space under Google Adwords Program is taxable in India as Royalties.
Provisions of section 206AA of the Income-tax Act, 1961 (‘the Act’) shall not override the tax rate provided in the DTAA.
Indian company having franchise rights from a foreign company, does not constitute agency P.E. of such foreign company in India.
AAR rules on taxability of salary received in India and eligibility of foreign tax credit at the withholding stage
Product recall expenses held as ‘extra-ordinary’ in nature.
Bombay High Court upholds capacity utilization adjustment to manufacturer taxpayer.
Supreme Court dismisses Revenue’s appeal on applicability of CUP method for benchmarking royalty transaction
Dispute Resolution Panel does not have explicit power to reject additional evidence
Valuation by Chartered Accountants of equity shares not acceptable under Section 56(2)(viib).
Collection charges retained by airline operators from passenger service-fees is subject to TDS under section 194H
Revision in Additional fees payable on delayed filing of Annual filing forms.