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INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
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GDP growth remain stable in G20 area in Q2: OECD (See 'Brief') INTL - Section 127 does not provide for mandatory personal hearing; order passed following transfer of assessment, cannot be assailed merely because personal hearing was not granted: HC (See 'Breaking News') INTL - Assessee, having accepted assessment order following transfer of assessment, cannot assail such order at subsequent stage: HC (See 'Breaking News') INTL - Once interest income is subject to tax in any manner in hands of assessee, then corresponding credit has to be given: ITAT (See 'Breaking News') INTL - Additions framed on account of capital gains are invalidated, where framed au contraire to DRP's directions to apply indexation benefit to the capital gain on the surrender of insurance policy: ITAT (See 'Breaking News') INTL - Interest component on refund amount payable to assessee, has to be disbursed where payable: ITAT (See 'Breaking News') DTAA - Management fees received by Singapore-based company from its holding company in India, does not qualify as Royalty be taxed as Fees for Technical Services: ITAT (See 'Breaking News') I-T-Expenditure by assessee incurred after date of closure of business cannot be treated as part of operating cost of the business: ITAT (See 'Breaking News') TP - Penalty u/s 271G be set aside where assessee seeks extra time to furnish details sought for u/s 92D, but AO does not permit sufficient time, leading to non-compliance: ITAT (See 'Breaking News') TP - Assessee cannot be penalized, for maintaining documents, which it is not required by law to maintain: ITAT TP - When there is no requirement of or applicability of Transfer Pricing provisions to specified domestic transactions covered u/s 92BA (i), then there cannot be any requirement to maintain records thereof: ITAT (See 'Breaking News')
 
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