tenet-tax-daily-august-15-2016
Capital gain on sale of property situated in Sri Lanka is taxable only in Sri Lanka
The transaction couldn’t be deemed as international transaction due to its inadvertently disclosure in Form 3CEB
tenet-tax-daily-august-09-2016
Retro-amendment to the definition of ‘royalty’ can’t be imported into Articles of treaty
Tenet Tax Daily August 08 2016
Mere use of technology won’t make any service as ‘FTS’ u/s 194J
Tenet Tax Daily July 28 2016
Sum paid to facilitate Call Centers to communicate with USA customers held as ‘royalty’
Tenet Tax Daily July 23 2016
Fee paid by stock broker for marketing services couldn’t be held as FTS under India-UK treaty
Tenet Tax Daily July 22 2016
Salary earned in USA exempted from tax as employee was held as resident of USA under tie-breaker rule of DTAA
Tenet Tax Daily July 13 2016
Duration of running each project undertaken by a Mauritian Co. to be seen separately for determination of PE in India
Tenet Tax Daily July 12 2016
Payment for bio-analytical services provided by foreign Cos couldn’t be held as ‘FTS’ under India-USA treaty
Tenet Tax Daily July 06 2016
ITAT taxes salary received in India; dismisses employee’s claim of having received salary on high seas
Tenet Tax Daily July 05 2016
NO TDS liability on software purchases on basis of retro-amendment in definition of ‘royalty’
Tenet Tax Daily July 04 2016
Commission paid to foreign agent for procuring export orders wouldn’t attract TDS under sec. 195
Tenet Tax Daily July 01 2016
No tax on supply of equipment by foreign Co. just because installation work was done by its Indian subsidiary
Tenet Tax Daily June 27 2016
Sum received by US Co. for services in connection with prospecting for mineral oils is taxable u/s 44BB
Tenet Tax Daily June 22 2016
Reimbursement of salary of seconded employees to AE couldn’t be treated as ‘FTS’ to attract TDS under sec. 194J
Tenet Tax Daily June 21 2016
ITAT removes effect of cost reimbursed from AE as comparable wasn’t getting any reimbursement for its services
Tenet Tax Daily June 17 2016
An income already assessed to tax in hands of agent couldn’t be taxed in hands of its principal
Tenet Tax Daily June 15 2016