Tenet Tax Daily June 17 2014
Person whose income is subjected to withholding tax is entitled to claim its refund and not the deductor
Payments for receipt of satellite signals fall within ambit of process royalty in view of FA, 2012 amendments
Tenet Tax Daily June 16 2014
Indian Citizen participating in golf tournament abroad deemed as NR as his stay in India was of less than 182 days
Tenet Tax Daily June 14 2014
Family pension received from UK based bank falls under residuary Article 23 of India-UK DTAA – taxable in UK only
Tenet Tax Daily June 13 2014
Salary earned from employment in US isn’t taxable in India if employee resides in India for less than 60 days
Tenet Tax Daily June 12 2014
Assessee offering marketing and support services to AEs to be held as service provider and not distributor by TPO
Tenet Tax Daily June 11 2014
Conveyance allowance received by LIC employee to develop insurance business is exempt from tax
Tenet Tax Daily June 10 2014
TRO can’t prohibit transfer of a property unless ‘NOC’ has been obtained from AO by fraud or misrepresentation
Tenet Tax Daily June 09 2014
Full deduction under section 80-IA, 80-IB or 80HHC can be claimed as each provisionis an independent provision
Tenet Tax Daily June 06 2014
Assessment of a person other than searched one could be made either under sec. 148 or sec. 158BD
Tenet Tax Daily June 05 2014
No reassessment to deny higher rate of depreciation if facts were fully disclosed during original assessment
Tenet Tax Daily June 04 2014