Wednesday , September 19, 2018 |   13:08:38 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Instant Updates Newsletters
 
NEWS FLASH
 
TP - No TDS is deductible in case of foreign firm services & payments not including any income component, but only reimbursement of expense on cost allocation formula: ITAT (See 'Breaking News') TP - For benchmarking purposes, assets employed & risk undertaken by software development company is not comparable to BPO service provider: ITAT (See 'Breaking News') I-T - Any modification or cancellation in low tax deduction certificate issued by Department must be communicated to deductor: ITAT (See 'Breaking News') DTAA - Managerial services rendered by foreign entity though employees in India for more than 90 days within twelve months period is sufficient to construe its Indian subsidiary as 'Service PE': ITAT (See 'Breaking News') TP - Once taxpayer entity has modified its return & paid taxes on international transaction as per APA signed with CBDT then no appeal against selection of comparable is maintainable: ITAT (See 'Breaking News') GDP growth picks up to 1% in Q2 in G20 economies (See 'TII Brief') I-T - Case decided by Appellate Authority in favor of taxpayer by following precedents laid down by ITAT & confirmed by jurisdictional High Court, calls for no interference: ITAT (See 'Breaking News') TP - Diversification in business profile requires information in form of segmental bifurcation before deciding suitability of comparable for purposes of benchmarking: ITAT (See 'Breaking News') TP - When agreement between two resident companies do not provide for any markup on total cost, then no addition is warranted by applying margin of international transactions: ITAT (See 'Breaking News') I-T - Mere withholding of TDS on remittances received from Indian branch office will not waive obligation of parent company to disclose such income in their return: HC (See 'Breaking News') TP - Dispute relating to adoption of internal CUP for benchmarking cases relating to grant of excessive credit period for realization of proceeds from AEs merits no writ interference: HC (See 'Breaking News') TP - Dispute pertaining to selection of comparables merits no adjudication if no addition on account of transfer pricing adjustment had been made in final assessment order: ITAT (See 'Breaking News')
 
TII SEARCH
 
 
   
Home >> News Brief
 

India, Cyprus sign pact on sharing financial intelligence
By TII News Service
Sep 04, 2018 , New Delhi

    

THE President of India, Shri Ram Nath Kovind, reached Cyprus yesterday on the first leg of his State Visit to three European nations – Cyprus, Bulgaria and the Czech Republic. He addressed the members of the House of Representatives of Cyprus in Nicosia.
 
Speaking on the occasion, the President said that relations between Cyprus and India are old, deep and have multiple facets. He said that the strong connection between the citizens of Cyprus and India is the most important source of our bilateral energy. "From people-to-people contacts, we build economic and trade links, educational and intellectual connections, and a fruitful bilateral partnership. Then of course are issues of common concern and our mutual commitment to peace, security and sovereignty. This takes us to the multilateral sphere and to global matters, where inevitably we find ourselves on the same side," he added.
 
Two bilateral agreements were signed just after the delegation-level talks. The first, between the Financial Intelligence Unit, India, and Unit for Combating Money Laundering of Cyprus, aims at sharing financial intelligence and fighting money laundering, terror financing and related crimes. The second agreement commits both countries to greater cooperation on environmental issues.

 
 
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAAs
  • TIEAs
  • Circulars
  • Circulars (I-T Act, 1922)
  • Instructions
  • Notifications
  • Administrative Orders
  • DRP Panel
  • I-T Act, 1961
  • Relevant Portion of I-T Rules,1962
  • Relevant Portion of I-T Act,1922
  • GAAR
  • Equalisation Levy
  • Draft Guidelines
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • DTC Bill
  • UN Model
  • Miscellaneous
  • Guidance Notes - AEOI
  • OECD Conventions
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • Draft Notifications
  • Circulars
  • Instructions
  • Notifications
  • Relevant Sections of Act
  • TP Rules
  • Forms
  • Miscellaneous
  • APA Annual Report
  • APA Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • RBI Circulars
  • FDI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • FEO Act
  • Black Money Act
  • PMLA Notification
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • SEBI
  • Multimodal Transportation
  • Vienna Convention
  • NBFC Reports
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • Intellectual Property
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • CBR Act, 1963
  • MCA Circular
  • Book Review
  • Limitation Act
  • SSAs
  • EPFO
  • FAQs
  • Acts
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifcations
  • Types of Visa
  • Agreements
  • Arbitration
  • Model Text
  • Relevant Portion of I-T Act
  • Circulars
  • I-T Rules, 1962
  • MISC
  • Notification
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2010-2018 Taxindiainternational.com Pvt.Ltd. All rights reserved.