Income Tax : SDT includes payments to related parties, inter-unit transfer of goods or services of profit linked tax holiday-eligible units, tr...
Company Law : As per this circular, PAN is compulsory for a Foreign National who is a subscriber / promoter at the time of incorporation of the ...
Income Tax : In pursuance of the changes made by the Finance Bill 2012 bringing specified domestic transactions under the ambit of Transfer Pri...
Income Tax : CBDT Explains APA through a press release. Indian APA Scheme Notifies Three Types of APA unilateral, bilateral and multilateral. P...
Income Tax : Vide Notification No. 36 of 2012, in exercise of the powers conferred by sub-section (9) of section 92CC read with section 295 of ...
Income Tax : The Australian Senate has passed legislation on the application of transfer pricing rules, designed to ensure that multinational c...
Income Tax : Australian Finance Ministry passes Tax Law Amendment (Cross Border Transfer Pricing Bill) Act (No. 1) 2012 with retrospective 01 J...
Income Tax : Whether on facts and circumstances of the case and in law, the ITAT was justified in deleting the disallowance made of royalty pai...
Income Tax : In a writ petition filed by small investors, Karnataka High Court Held that provisions of Section 206AA of the Income Tax Act are ...
In a writ petition filed by small investors, Karnataka High Court Held that provisions of Section 206AA of the Income Tax Act are contrary to provisions of Section 139A of the Act. Accordingly, provision of Section 206AA were made inapplicable to persons and was read down from the Act only for those persons whose income was less than the taxable limits. However, the High Court made it very clear that the provisions of the Section 206AA are applicable to the persons whose income is more than the taxable limits.
