TDS u/s 195 on warehouse space charges ?
Income Tax Appellate Tribunal (‘the ITAT’), Delhi Bench, held that warehousing space charges paid by resident...
SC: tax treatment of guarantee fees is not akin to interest
On 4th October 2024, the Hon’ble Supreme Court of India dismissed a Special Leave Petition (‘SLP’)...
Tax treatment for Guarantee fees income is not akin to Interest income
In the present case, Johnson Matthey Public Limited Company1 (the Assessee), is a tax resident of...
U-turn of controversial retrospective Vodafone Tax
On August 6, 2021, share price of Vodafone Idea Limited witnessed 20% surge, pursuant to introduction...
Digital transactions and tax consequences
In current times, every organization – regardless of its size or industry – increasingly relies on...
Apex Court holds payment made for use of Software not taxable as Royalty
Taxation of payment for license to use computer software has been one of the most talked...
Why it is important to check residential status inspite of source-based taxation?
In India, in order to determine tax liability, it is important to determine residential status under...
Whether beneficial rates under DTAA extends to DDT?
Untill Assessment Year 2020-21, if a Company declared dividend, it was Company’s liability to deduct tax...
AAR denies benefit under India Mauritius Tax Treaty to Mauritian entities on indirect transfer of shares of Indian Entity
Foreign investment in India through Mauritius route has been under tax scanner for quite some years...