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

TP - Mere non furnishing of information and documents in manner sought by AO cannot lead to automatic levy of penalty u/s 271G: ITAT (See Breaking News)

TP- If other method is applied requiring price of uncontrolled transaction with or between non-AEs, provision of Sec 94B can't be imputed into it as it deals with transaction between two AEs: ITAT (See Breaking News)

TP - Power of revision u/s 263 cannot be exercised where PCIT failed to demonstrate any non-application of mind or omission by AO that rendered assessment order erroneous: ITAT (See Breaking News)

TP - TPO must provide opportunity to assessee to substantiate existence and nature of remibursement expenditure alongwith benefit of such expenditure to assessee: ITAT (See Breaking News)

I-T - Reimbursement of client related expenses paid to wholly owned principal company abroad, are not subjected to withholding tax u/s 195: ITAT (See Breaking News)

I-T- Expenses, incurred for the welfare of key managerial personnel, qualify as business expenses allowable u/s 37 of the I-T Act, 1961: ITAT (See Breaking News)

TP - Amount of receivable from AE and non-AE does not decide credit period given to AE, and question of imputing interest arises only when assessee provides extra credit period to AE: ITAT (See Breaking News)

TP - Once foreign travel expenses are included in cost base & recovered from AE with markup, they form part of operating expenses under APA: ITAT (See Breaking News)

TP - Absence of segmental data for various streams of revenue calls for exclusion of comparable, if entity was having revenue from multiple service lines: ITAT (See Breaking News)

TP - While drawing segmental details, TPO ought to consider revenue of segments and cost that was allocated to respective segments: ITAT (See Breaking News)

I-T - DRP proceedings did not contain valid DIN and assessment order also does not contain DIN, then assessment order would be invalid: HC (See Breaking News)

I-T- Once assessee had disputed stamp duty valuation & provides credible material including earlier departmental valuation, then AO is obligated under the third proviso to Section 56(2)(x) r/w Section 50C(2) to refer the matter to Valuation Officer: ITAT (See Breaking News)

I-T - Consideration for Health Ecotox services did not qualify as FTS under India-Netherlands Tax Treaty, if ‘make available' clause is not satisfied: ITAT (See Breaking News)

TP - Functional dissimilarities and impact of extraordinary events like amalgamations, calls for rejection of comparables for purposes of benchmarking: ITAT (See Breaking News)

TP - Benchmarking of operating results from international transactions of rendering software development and related services to AEs as well as non-AEs by applying TNMM, can't be disregarded on account of lack of segmental reporting: ITAT (See Breaking News)

DTAA - Fabrication charges for bushings were not taxable as FTS under Article 12(4)(a) of India-Singapore DTAA where no technical knowledge or expertise is made available or transferred: ITAT (See Breaking News)

OECD to release Tax Inspectors Without Borders' 10-yr Report

CBDT notifies Protocol amending India-Oman DTAA

TP - Cognizance taken by AO u/s 92CA is invalid, if it has been omitted from statute itself: ITAT (See Breaking News)

TP - Internal TNMM is more superior than external TNMM, more so when audited segmental are available: ITAT (See Breaking News)

TP - Interest payable on NCDs whivh are denominated in Indian currency is to be benchmarked by applying PLR as against LIBOR: ITAT (See Breaking News)

Username

Password

Forgot Password

TII SUBSCRIPTION


To subscribe please call us at +91 96252 93155, +91-98110-05862 or email us at systems @taxindiainternational.com.

TII BREAKING NEWS

Mumbai, Jul 04, 2025 By TII News Service

TP - Power of revision u/s 263 cannot be exercised where PCIT failed to demonstrate any non-application of mind or omission by AO that rendered

Mumbai, Jul 04, 2025 By TII News Service

TP- If other method is applied requiring price of uncontrolled transaction with or between non-AEs, provision of Sec 94B can't be imputed into it as

New Delhi, Jul 04, 2025 By TII News Service

TP - Mere non furnishing of information and documents in manner sought by AO cannot lead to automatic levy of penalty u/s 271G: ITAT

New Delhi, Jul 03, 2025 By TII News Service

I-T - Reimbursement of client related expenses paid to wholly owned principal company abroad, are not subjected to withholding tax u/s 195: ITAT

< More News >

FROM TII ARCHIVE

Apr 23, 2010

Heightened Need for Global Strategies in Tax Disputes

By Robert H. Green

A number of powerful forces at work today supremely challenge tax administrators around the world. Among the various factors which are causing sleepless nights for tax administrators are the following developments, which are routinely occurring as businesses globalize their operations.

Transfer

View Previous Column >>

TII EDIT

Jun 20, 2025

The Revenge Tax of Mr Trump

By D P Sengupta

20th January 2025. Immediately after assuming the office of the US presidency, Mr. Donald Trump, issues a flurry of executive orders and executive notes. One such note is captioned the "America First Trade Policy." Outlined therein are a slew of actions to be taken by the Secretary of the

View Previous Column >>

BULLETIN BOARD

New Delhi, Jul 02, 2025
CBDT notifies 376 as cost inflation index...

New Delhi, Jul 01, 2025
larification regarding CBDT's Circular No. 5/2025 dated 28.03.2025 for waiver on levy of i...

New Delhi, Jun 25, 2025
CBDT notifies Protocol amending India-Oman DTAA ...

New Delhi, Jun 25, 2025
Relaxation of time limit for processing of valid returns of income filed electronically pu...

< More News >

TII BRIEF

Paris, Jun 27, 2025
OECD to release Tax Inspectors Without Borders' 10-yr Report ...

Paris, Jun 12, 2025
Germany faces skilled labour paucity: OECD ...

Paris, May 26, 2025
G20 merchandise exports logs 2% growth in Q1 ...

Paris, May 16, 2025
OECD unemployment rate remains stable at 4.9% in March ...

Paris, May 14, 2025
Real household income grew in 2024: OECD ...

More News >>

TII SEARCH

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 Intl-Taxation Finance Acts Manual on EoI UN Model Taxation 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 © 2010-2025 \| Privacy Policy \| Taxindiainternational.com Pvt. Ltd. OPC All rights reserved.

TIOL GROUP WEBSITES