Income Tax : This guide explains the tax exemptions, concessional tax rates, presumptive taxation schemes, and compliance benefits available to...
Income Tax : The guide compiles the principal Income-tax Act provisions applicable to non-residents establishing business in India and resident...
Income Tax : Tax on dividends, interest, royalties and FTS earned by non-residents is governed by the more beneficial rate under the Income-tax...
Income Tax : The applicable withholding tax depends on the Income-tax Act or the relevant DTAA, whichever is more beneficial. Treaty rates diff...
Income Tax : The article explains how India's Place of Effective Management (POEM) rules may treat a foreign company as an Indian tax resident ...
Income Tax : CBDT issues clarification on Circular 01/2025, stating it applies only to the Principal Purpose Test in certain DTAAs and does not...
Corporate Law : Learn about CRS and FATCA, how India receives foreign account info, and the disclosure requirements for foreign assets and income ...
Income Tax : From April 2025, foreign taxes withheld must be included in total income for accurate reporting under section 198. Aims to prevent...
Income Tax : Explore challenges in TRC applications under DTAA by Indian companies. KSCAA proposes reforms for a simpler, efficient process. Le...
Income Tax : Appendix-I Declaration of no PE in India Declaration required u/s 9 of Income Tax Act, and for claiming relief under an agreement ...
Income Tax : The Tribunal held that AMP expenditure incurred in India without any agreement or arrangement with the foreign AE cannot be treate...
Income Tax : The Bombay High Court held that royalty refunded by a foreign company to its Indian subsidiary under an Advance Pricing Agreement ...
Income Tax : The ITAT found inconsistencies in the selection and rejection of comparable companies for determining the arm’s length price of ...
Income Tax : The Tribunal ruled that a Dependent Agent PE arises only if agents habitually conclude contracts or secure orders on behalf of the...
Income Tax : The Karnataka High Court ruled that interconnect service charges paid to non-resident telecom operators do not constitute royalty....
Income Tax : The Finance Ministry notifies the India-Belgium protocol amending the 1993 tax treaty, effective June 26, 2025, updating definitio...
Income Tax : Notification implements the India-Qatar Double Taxation Avoidance Agreement (DTAA) and Protocol, effective from the next fiscal ye...
Income Tax : Explore the Notification No. 33/2024 on the agreement between India and Spain for tax exchange. Understand its implications and ch...
Income Tax : Explore implications of Notification No. 21/2024 from Indias Ministry of Finance regarding the tax information exchange pact with ...
Income Tax : Notification No. 96/2023-Income Tax: Learn about the agreement between India and Saint Vincent for tax information exchange and as...
“Explore the intricacies of Australias tax system, covering topics from TFN to tax rates, deductions, capital gains tax, and insights on crypto assets. Stay informed about business tax rates, concessions, and the process for not-for-profit organizations. Gain valuable knowledge for Indians engaging in trade or business with Australia.”
Explore the comprehensive analysis of UAE Corporate Tax Law, article by article. Understand definitions, imposition rates, exemptions, taxable persons, and more for effective compliance.
Explore the tax implications of doing business with Iceland, a country with a stable democracy and a thriving economy. Understand the tax brackets, benefits for foreign experts, and the process for importing and exporting goods. Learn about Iceland’s tax equality policy and penalties for non-compliance. Discover the potential for Indian businesses in this emerging market and how to navigate tax regulations for successful ventures.
Place of Effective Management (PoEM) is an internationally recognized test for determining the residential status of a company incorporated in foreign jurisdiction. This concept is crucial for all the tax treaties entered into by India as it helps to avoid double taxation.
Discover the details of Corporate Tax in the United Arab Emirates (UAE) under Federal Decree-Law No. (47) of 2022. Learn about its impact on businesses, tax rates, and compliance for UAE companies and foreign entities operating in the region. Stay informed about the latest developments in the UAE’s Corporate Tax landscape.
ITAT Delhi held that there is no copyright on live events, and therefore, the fee received towards live transmission cannot be taxed as royalty in terms of Section 9(l)(vi).
ITAT Mumbai held that income earned from offshore supply of escalators and elevators is not taxable in India as assesse didn’t carried out any operations in India.
Explore U.S. Taxation for Individuals – Key filing statuses, tax rate schedules, income brackets, deductions, and more for the 2022 tax year. Don’t miss the April 18, 2023 deadline.
Explore US partnership tax filing requirements, Form 1065 details, deadlines, and consequences for non-compliance. Get insights on SALT, accounting methods, and obligations for Indian partners.
Held that, though domestic GAAR provisions are applicable, the treaty benefit cannot be denied to the assessee. Revenue Department to delete disallowance of STCG and allow benefit of provisions of India- Singapore DTAA.
