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NEWS FLASH
G20 merchandise exports flattens in Q2 (See Brief)
I-T - Funds remitted by the non-resident assessee from foreign bank account to NRE account in India are taxable u/s 68 of I-T Act: ITAT (See 'Breaking News')
I-T - Final assessment order passed by AO in non-compliance of directions of DRP, renders such assessment vitiated by law: ITAT (See 'Breaking News')
GDP rises by 0.5% in Q2 in OECD areas (See Brief)
TP - Resale Price Method is more appropriate than Transactional Net Margin Method given the assessee's distribution activities: ITAT (See 'Breaking News')
DTAA - Reimbursement of travel & lodging expenses should not be taxed as Fee for Technical Services (FTS) under I-T Act & India-US DTAA: ITAT (See 'Breaking News')
TP - As is settled law vide Delhi High Court's judgment in Maruti Suzuki India Ltd., Advertisement Marketing Promotion expenses do not constitute international transaction as per Section 92B: ITAT (See 'Breaking News')
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INTL TAXATION
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