#Advance Ruling
Log in to FollowTo facilitate foreign investment into the country a number of steps have been taken by Government of India in the past. Setting up an Authority for Advance Rulings (Central Excise, Customs & Service Tax) to give binding rulings, in advance, on Central Excise, Customs and Service Tax matters pertaining to an investment venture in India is one such measure. The legal provisions of Advance Rulings were introduced through the Finance Acts of 1998, 1999 and 2003.
Income Tax
Income Tax
All about Advance Ruling under Chapter XIX-B of the Income-tax Act
Income Tax
Income Tax
Payment made by AAI to Raytheon company (RC) for supply of software for `Automation upgrade for third runaway at IGI Airport’ can be legitimately brought within fold of Article 12(4)(b), if not article 12(3) of Indo-US Tax Treaty
Income Tax
Income Tax
Indo-US Treaty: Consideration received by American company from applicant-Indian company for providing Architectural design services is liable to be taxed in India as fees for included services’
Income Tax
Income Tax
A special provision in the I-T Act cannot be pressed into service to deny the benefit which is otherwise due to FII under the tax treaty provisions notwithstanding their conflict with the domestic law of income tax
Income Tax
Income Tax
Transfer of shares by a foreign company to its wholly owned Indian subsidiary not taxable in India
Income Tax
Income Tax
MAT U/s. 115JB of Income Tax not applicable to foreign company without presence in India
Income Tax
Income Tax
Storage and Supply of goods in India through an independent third party gives rise to fixed place permanent establishment in India
Income Tax
Income Tax
Consideration for assignment of supply agreement not taxable in the absence of Permanent Establishment in India
Income Tax
Income Tax
Services provided for purchase of goods to be exported from India may not be eligible for exemption provided under Income-tax provisions
Income Tax
Income Tax
Payments towards workshop conducted for dissemination of information which is a part of study course cannot be termed as FIS
Income Tax
Income Tax
Payments for referral services cannot be termed as fees for technical services (FTS)
Income Tax
Income Tax
Ultimate Holding Company should not be considered as beneficial owner of gains arising to Subsidiary Company on sale of investments held by such Subsidiary Company
Income Tax
Income Tax
FII’s Income from trading in futures and options is business income
Income Tax
Income Tax
