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NEWS FLASH
More on non-doms - The UK Spring Budget 2024 (See TII Edit)
TP - Case deferred on issue of tolerance range of + 10% in case of export sales: HC (See 'Breaking News')
TP - Adjustment warrants being quashed where both TPO & DRP have erred in proceedings by considering issues which travelled far beyond determination of ALP: HC (See 'Breaking News')
TP - Even if there is no express agreement between assessee and its foreign AE but Indian entity incurred some AMP expenses towards brand promotion of foreign entity, same shall be considered as implied transaction: HC (See 'Breaking News')
I-T - Payment received overseas towards Marketing & Distribution Rights of Adwords program is not royalty: ITAT (See 'Breaking News')
TP - Assessee who started business in particular year cannot be compared with assessee who are doing business for many years: HC (See 'Breaking News')
TP - If inconsistency in order is apparent on face of record, then such order shall be remitted for consideration of appeal afresh: HC (See 'Breaking News')
TP - Consistent approach with regard to aggregation for identical international transactions should be adopted for subsequent years as well in absence of any change in facts: HC (See 'Breaking News')
I-T - If Indian entity is designated to act as Reseller to engage with & onboard customers within territory for use of its foreign principal products, then charges paid for same cannot be construed as 'FTS': HC (See 'Breaking News')
Can Turkey Become The New Ottoman Emipre (See TII SPECIAL)
TP - Manifest error apparent on record on account of incompatible & inconsistent findings shall be recalled and rectified: HC (See 'Breaking News')
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