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Issue of shares by assessee at premium to its Mauritius AE did not give rise to income from an international transaction

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  • Issue of shares by assessee at premium to its Mauritius AE did not give rise to income from an international transaction
Posted onon June 30, 2015

Tenet Tax Daily June 29 2015

By tenettax-team
Corporate Tax, International Tax

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Sec. 10A relief denied on software development units on failure of assessee to prove that they were independent units
Income of foreign company from hiring of equipments and rendering services to entities engaged in oil exploration in India to be taxed under section 44BB

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