Bangalore ITAT ruled that only solar days and not cumulative man-days should be considered while determining the existence of a Permanent Establishment under the India-Saudi Arabia DTAA. Since the assessee’s stay was only 90 days, no PE was held to exist in India.
Mumbai ITAT held that business receipts from an Indian associated enterprise were not taxable in India because the assessee had no Permanent Establishment under the India-UAE DTAA. The Tribunal ruled that mere provision of personnel did not automatically create a PE.
The article discusses how fears of parent-dominated governance structures prompted concerns about loss of autonomy in private schools. It explains that the Ministry later clarified that SMC Guidelines are not compulsory for private unaided institutions.
The Commission observed that patients commonly seek treatment across Delhi-NCR and therefore defined the relevant geographic market broadly rather than limiting it to Delhi alone.
Competition Commission of India held that hospital rooms provide medical infrastructure, emergency support, and trained healthcare staff, making them fundamentally different from hotel accommodations. It therefore rejected findings based on comparisons between hospital room rents and hotel tariffs.
The DGFT introduced a digital system for issuance of Certificates of Origin for Agarwood exports through the Trade Connect ePlatform. The module aims to ensure transparency, paperless processing, and compliance with international trade requirements including CITES norms.
The DGFT notified allocation of 8606 MTRV raw cane sugar exports to the United States for US fiscal year 2026 under the TRQ scheme. The notice also clarified certification, quota operation, and reporting compliance requirements.
The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financial activities. Failing either condition means the entity cannot be treated as an NBFC under the RBI Act, 1934.
The Ministry of Finance amended the earlier customs notification to continue anti-dumping duty for an extended period. The notification clarifies that the levy will remain effective unless superseded, revoked, or amended before expiry.
The government imposed anti-dumping duty on Monoisopropylamine imports after finding that Chinese exports were dumped below normal value. The notification aims to protect domestic manufacturers from price undercutting and material injury.
