Tenet Tax Daily November 07 2014
Provisions of section 115A(1)(b)(AA) do not debar assessee to entre into new agreement after change of situation resulting in reduced rate of royalty
Exp. incurred by cable operator in laying cables for providing cable connections to viewers was revenue in nature
Tenet Tax Daily November 06 2014
ITAT allows benefit of second proviso to sec. 40(a)(ia) in case of payment to NR; Non-discrimination clause invoked
Tenet Tax Daily November 05 2014
ITAT directs AO to decide whether receipt for customized research/retail management services would royalty or FTS
Tenet Tax Daily November 04 2014
Assessee couldn’t challenge order of ITAT if it had applied amended provisions of MAT pursuant to directions of HC
Tenet Tax Daily November 03 2014
Sec. 92CA only empowers TPO to determine ALP of transaction; he can’t reject payment made to AE
Tenet Tax Daily November 01 2014