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GDP growth presents mixed canvas across OECD countries in Q3 (See 'TII Brief') I-T - Inland haulage charges from operation of ships is not taxable as business income: ITAT (See Breaking News) I-T - Every payment from source outside India or through NRE Account of assessee, cannot be treated as unexplained investment: ITAT (See Breaking News) I-T - GAAR provisions will not apply to transactions undertaken on stock exchange, for set-off of capital losses against capital gain, absent any evidence regarding avoidance of tax liability: HC (See Breaking News) I-T - Expenses incurred wholly and exclusively by Indian branch cannot be allocated to overseas branch and HO: ITAT (See Breaking News) I-T - If licence conferring no proprietary interest on licencee, does not entail parting with copyright, and core transaction authorises end-user to make use of licenced software, then payment received for such software cannot be termed as 'royalty': ITAT (See Breaking News) TP - Bright line test is not appropriate method for benchmarking AMP transactions: ITAT (See Breaking News) I-T - Downward adjustment under MAP resolution found to be based on an ad-hoc estimate arrived at pursuant to mutual settlement, didn't have any cogent basis: ITAT (See Breaking News) I-T - Delay in filing ITR has to be condoned if assessee is otherwise entitled to refund: HC (See Breaking News) I-T - If aircraft were never placed at disposal of foreign aircraft leasing company in India to conduct its business, such absence of lessor's operational infrastructure in India reinforces absence of fixed place PE: ITAT (See Breaking News) DTAA - Income earned by foreign company from support services rendered to its parent company, is not fees for technical services, as no technical knowledge is made available: ITAT (See Breaking News) TP - If entire activity of project office/PE is wholly dependent on know-how/drawing documentation of head office (HO), then such HO and its Indian PE are associated in terms of Section 92A(2)(g): ITAT (See Breaking News) TP - Adjustment on account of guarantee given to AE are amenable to adjustment under transfer pricing: ITAT (See Breaking News) TP - TPO cannot resort to ad-hoc benchmarking approach, which is contrary to mandate of section 92C: ITAT (See Breaking News) I-T - Payment received towards IT support services does not constitute Fee for Technical Services: ITAT (See Breaking News) TP - Adjustment on account of interest on trade receivables shall be computed after considering interest free trade payables due to AEs with duration of outstanding receivable and payables: ITAT (See Breaking News)
 
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About Us

Taxindiainternational.com (“TII”), established on April 23, 2010, is a dedicated portal on international taxation. TII was launched in response to the changing landscape of taxation in India. It happens to be the FIRST comprehensive and exhaustive online resource for the taxpayers and also tax authorities looking for well-arranged resource on Transfer Pricing, Double Taxation Tax Treaties, FDI, FEMA, PMLA, BIPA, NRI and Visa guidelines for various categories of expatriates employed in India by MNEs. 

TII is a sister portal of India’s most prestigious and popular taxation and trade portal Taxindiaonline.com (TIOL). In about to be nine years, TII has carved a niche for its quality, speed and authenticity among domestic as well as international users. It has earned the respect and confidence of many global experts of international taxation. It is a highly reliable resource for the various fora of the Indian judiciary. Its citations are frequently used by the courts in their decisions. Its well-researched articles are regularly referred to by the policy makers in India. Its recommendations are generally respected by the Ministry of Finance in India.

TII has a huge subscriber-base cutting across users community ranging from Foreign Taxation Division in the CBDT, Directorate of Transfer Pricing & International Taxation to advocates, law firms, MNEs, domestic companies and research organisations. It has an enviable team of in-house experts and Consulting Editors who keep an eye on the global trend and keep sensitising the policy makers on the future trends of transforming fiscal world.

Consulting Editor


Mr. D.P. Sengupta: Mr Sengupta, a former member of the IRS, retired as Chief Commissioner of Income Tax after more than 33 years of distinguished service. Before that he had a highly satisfying stint as Joint Secretary in the Tax Policy and Legislation division of the Central Board of Direct Taxes.He also served as Joint Secretary in the Foreign Taxation Division of the Ministry of Finance. He was the Competent Authority for India and represented India in the WP1 of the OECD. He is a well known international taxation expert and spoke at various international tax conferences.

CEO & Managing Editor

Shailendra Kumar, founder and CEO of TIOL started his career with The Indian Express Newspaper in 1990 and then moved to The Economic Times where he worked for more than five years before taking the entrepreneurial route to launch TIOL, an idea based on a business need which he realized as a financial journalist. His vision was to create a knowledge-driven company; which eased the burden on corporations and which acted as a media watchdog for Indian tax and trade policies. He spearheads the business in all of its facets, including regular interactions with various policy makers and administrators, and managing the editorial and news gathering team at TII. He is the recipient of the 2001 Outstanding Media Professional Award presented by the India International Professionals Forum.

 
 
 
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