Tenet Tax Daily April 18 2016
Interest on loan disallowed as assessee diverted loan to AE at much lesser rate without any commercial expediency
Consultancy services provided by foreign Co. in relation to highway projects in India won’t be treated as ‘FTS’
Tenet Tax Daily April 16 2016
Salary of NR for rendering service in US won’t be taxed in India as per DTAA even if salary was received in India
Tenet Tax Daily April 11 2016
Sum paid for right to use software is deemed as ‘royalty’ and not sum paid for purchase of software
Tenet Tax Daily April 08 2016
ITAT allows tax credit for dividend tax foregone by Oman to promote economic developments
Tenet Tax Daily April 02 2016
TPO had to consider revised Form 3CEB, filed after one year from end of AY, if it includes proper comparable
Tenet Tax Daily March 31 2016
‘Liaison Office’ of ‘Kawasaki’ didn’t constitute its PE in India as it wasn’t involved in core business activity
Tenet Tax Daily March 30 2016
Comparable selected by assessee couldn’t be rejected without carrying out its functional comparability
Tenet Tax Daily March 29 2016
A Co. mainly outsourcing its work couldn’t be compared to a Co. rendering IT enabled services
Tenet Tax Daily March 25 2016
Govt. co. couldn’t be selected as comparable for TP study
Tenet Tax Daily March 16 2016
Capital gain exemption available on corporate reorganization and not on buy-back of shares under India-Netherland DTAA
Tenet Tax Daily March 09 2016
Advance given to foreign AE to acquire satellite rights of Hollywood movies isn’t an international transaction
Tenet Tax Daily March 08 2016
Loss making entity couldn’t be excluded from list of comparable without assigning any cogent reason for the same
Tenet Tax Daily March 07 2016
Budget 2016-2017 – Highlights- Direct and Indirect Taxes
Budget 2016-2017 – Highlights- Direct and Indirect Taxes
Budget 2016-2017 – Key Features
Key Features of Budget 2016-2017
Co. having related party transactions in excess of 25% of total revenue couldn’t be selected as comparable
Tenet Tax Daily February 24 2016
Mumbai ITAT directs AO to follow Sony Ericsson’s case for benchmarking of AMP expenditure
Tenet Tax Daily February 23 2016