Tenet Tax Daily August 18 2014
Consultant doesn’t impart any experience to client when he renders consultancy services; not to be treated as royalty
Tenet News Flash – Revised India-Malta DTAA
Tenet News Flash – August 11 2014
Cos with huge turnover, abnormal profits or functional differences are excludible from comparables list
Tenet Tax Daily August 07 2014
No withholding tax liability on payment of export commission to NR before withdrawal of Circular No. 786
Tenet Tax Daily August 06 2014
Payment to foreign co. to conduct navigation studies at Indian port doesn’t satisfy ‘make available’ clause; no FTS
Tenet Tax Daily August 04 2014
AO’s referral to TPO doesn’t take away his powers of determining nature of exp. under sec. 37(1)
Tenet Tax Daily August 01 2014
Sum paid to NR for providing equipment and software to Indian clients facilitating ‘Forex deal matching’ is royalty
Tenet Tax Daily July 18 2014
Person whose income is subjected to withholding tax is entitled to claim its refund and not the deductor
Tenet Tax Daily June 17 2014
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
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
No reassessment to deny higher rate of depreciation if facts were fully disclosed during original assessment
Tenet Tax Daily June 04 2014
No withholding taxes from commission paid to NR agents for their services rendered outside India
Tenet Tax Daily June 02 2014
Sum paid to foreign co. for production of 2D and 3D animated films wasn’t fees for technical service
Tenet Tax Daily May 29 2014