Taxindiainternational.com - International Taxation, Transfer Pricing, DTAA, NRI, FDI, Income Tax, Custom, Service Tax, Caselaws, Notifications, Circulars, Analysis

INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI

About Us

Newsletters

NEWS FLASH

COVID-19: Funding of Global Vaccination Mission - Time to take gilt off tax havens' gingerbread! (See 'The Cob(Web) Column')

TP - It is fit case for remand where CIT(A) mechanically upholds order of TPO in excluding certain comparable companies, without passing a speaking order or any valid reasoning: ITAT (See 'Breaking News')

TP - When taxpayer purchases products from its AE's and resales same without any further value addition, then RPM is most appropriate method for determination of ALP: ITAT (See 'Breaking News')

COVID-19: Funding of Global Vaccination Mission - Time to take gilt off tax havens' gingerbread! (See 'THE COB(WEB)' in TIOL)

I-T - Once arm's length principle has been satisfied, there can be no further profit attributable to person even if it has PE in India: ITAT (See 'Breaking News')

I-T - Tribunal finds it to be settled position in law, vide assessee's own case, that payment of commission to agents located outside India, for promotion of assessee's sales outside India, will not attract wittholding tax liability u/s 195. Hence orders in question are set aside: ITAT (See 'Breaking News')

TP - Concern with extraordinary event cannot be held to be comparable in year of amalgamation: ITAT (See 'Breaking News')

TP - High turnover is relevant criterion for choosing companies as comparable companies in determination of ALP in transfer pricing cases for purpose of computation of deduction u/s 92(C)(3) r.w.s 10A: ITAT (See 'Breaking News')

Biden-Harris tax plan (See 'TII Edit')

BO, LO & PO by foreign law firms - RBI issues fresh instruction (See 'Bulletin Board')

Strong policy action needed for economic recovery: OECD (See 'TII Brief')

TP - Company providing KPO service cannot be adopted as comparable to a company engaged in providing IT-enabled services: ITAT (See 'Breaking News')

TP - Unless it is demonstrated that discount allowed in business transaction would not have been allowed in arm's length situation, ALP adjustment cannot be made in respect of same: ITAT (See 'Breaking News')

I-T - Aabsence of HO expenses attributable to its business in India, in audit report or notes to accounts of Indian branch would not render it ineligible to claim deduction u/s 44C: ITAT (See 'Breaking News')

TP - Where impact of delayed receivables has already been factored in working capital adjustment, no separate adjustment is warranted on outstanding receivables: ITAT (See 'Breaking News')

TP - Following order passed in assessee's own case for previous AY, assessee is justified in adopting TNMM as most appropriate method for determining Arm's Length Price of intl transactions of export of finished goods to its Associated Enterprises: ITAT (See 'Breaking News')

I-T - it is fit case for remand where CIT(A) upholds findings of AO in treating certain payments made by assessee as being Fees for Technical Service, but where CIT(A) also does not analyse nature of service rendered & does not consider other relevant evidence: ITAT (See 'Breaking News')

Nosediving GDP takes U-turn in Q3 in OECD area (See 'Brief')

COVID-19: Deliverance in small glass vial coming but Geopolitics need to be 'vaccinated' first! (See 'The Cob(Web)')

I-T - Taxpayer is eligible for benefit of Sec 273B if they have deposited correct amount of tax with applicable interest, before culmination of final proceedings by AO: ITAT (See 'Breaking News')

Username

Password

Forgot Password

TII SUBSCRIPTION


To Subscribe Please call us at +91-98110-05862 or email us at systems @taxindiainternational.com.

TII BREAKING NEWS

Bangalore, Nov 26, 2020 By TII News Services

TP - It is fit case for remand where CIT(A) mechanically upholds order of TPO in excluding certain comparable companies, without passing a speaking order

New Delhi, Nov 26, 2020 By TII News Services

TP - When taxpayer purchases products from its AE's and resales same without any further value addition, then RPM is most appropriate method for determination

New Delhi, Nov 25, 2020 By TII News Services

I-T - Once arm's length principle has been satisfied, there can be no further profit attributable to person even if it has PE in India:

New Delhi, Nov 25, 2020 By TII News Services

I-T - Tribunal finds it to be settled position in law, vide assessee's own case, that payment of commission to agents located outside India, for

< More News >

TII SPECIAL

Oct 15, 2020

Arbitral Award over Domestic Law - A preview of Vodafone Award against Government of India

By Devendra Shankar

"RETROSPECTIVE clarificatory amendments to tax laws" are not dirty words as has been made out by the International Arbitration Award in the case of Vodafone-an award which has been a matter of public debate both in print and electronic media. However a fact which has missed attention is that there are precedents

View Previous Column >>

TII EDIT

Nov 24, 2020

Biden-Harris tax plan

By D P Sengupta

We are now almost three weeks after the general election in the USA. News channels have unanimously called the election in favour of Mr. Joe Biden. But the incumbent President, unorthodox that he is in every way, refuses to concede and announced recently in a press conference that he is the winner, by the

View Previous Column >>

BULLETIN BOARD

New Delhi, Nov 23, 2020
BO, LO & PO by foreign law firms - RBI issues fresh instruction ...

New Delhi, Nov 17, 2020
Compounding of Contraventions under FEMA, 1999...

New Delhi, Oct 28, 2020
CBDT notifies Equalisation Levy Amendment Rule to prescribe Form No 1 for statement by e-...

New Delhi, Oct 23, 2020
CBDT posts Sukhad Chaturvedi, IRS & Bhanu Pratap Singh, IRS as OSDs in FT&TR Division ...

< More News >

TII BRIEF

Paris, Nov 23, 2020
Strong policy action needed for economic recovery: OECD ...

New Delhi, Nov 19, 2020
Nosediving GDP takes U-turn in Q3 in OECD area ...

Paris, Nov 13, 2020
Tax to GDP ratio remains constant for 30 African economies for last 5 yrs; COVID-19 eats i...

New Delhi, Oct 09, 2020
CLIs slowly recovering in OECD countries ...

Paris, Sep 30, 2020
Sustainable finance requires more efforts from all stake-holders: OECD ...

More News >>

TII SEARCH

TIOL Webinar on Recent compliance changes under GST

INTL TAXATION	INTL MISC	TP	FDI	LIBRARY	VISA	BIPA	NRI	TII
DTAA Circulars (I-T Act, 1922) Limited Treaties Other Treaties TIEAs Notifications Circulars Relevant Sections of I-T Rules,1962 Instructions Administrative Orders DRP Panel I-T Act, 1961 MLI Relevant Portion of I-T Act,1922 GAAR MAP	OECD Conventions Draft Guidelines DTC Bill Committee Reports FATCA bodrum Intl-Taxation Finance Acts Manual on EoI UN Model Miscellaneous Cost Inflation Index Union Budget Information Security Guidelines	APA Annual Report APA Rules Miscellaneous Relevant Sections of Act Instructions Circulars Notifications Draft Notifications Forms TP Rules APA FAQ UN Manual on TP Safe Harbour Rules US Transfer Pricing	FEMA Act Exchange Manual Fema Notifications Master Circulars Press Notes Rules FDI Circulars RBI Circulars Reports FDI Approved RBI Other Notifications FIPB Review FEO Act	INTELLECTUAL PROPERTY CBR Act NBFC Report Black Money Act PMLA Instruction PMLA Bill FM Budget Speeches Multimodal Transportation Vienna Convention EXIM Bank LoC Manufacturing Policy FTDR Act, 1992 White Paper on Black Money Posting Policy PMLA Cases Transfer of Property MCA Circular Limitation Act	Type of Visa SSAs EPFO Acts FAQs Rules Guidelines Tourist Visa Notifications	Arbitration Model Text Agreements	Relevant Portion of I-T Act I-T Rules, 1962 Circulars MISC Notification	About Us Contact Us


A Taxindiaonline Website. Copyright © 2010-2020 \| Privacy Policy \| Taxindiainternational.com Pvt.Ltd. All rights reserved.

TIOL GROUP WEBSITES