ITAT Mumbai's ruling in Spark44 vs. ACIT case highlights failure to consider India UK DTAA provisions for tax deduction on FTS. Analysis and conclusion included.
The post ITAT Mumbai Directs… Read More
Taxation Laws for NRIs in India
(i) (a) International Taxation has set of provisions in India which primary different from legal provisions in countries located outside India
(b) Inter… Read More
Introduction
TDS has a simple full form – Tax Deducted at Source. This tax was introduced in 1961 by the Income Tax Department of India to collect taxes from the very source of inco… Read More
As the countdown for the Union Budget 2021 has begun, all eyes are now set on how the Finance Minister’s attempts to walk the tightrope to strike a balance and play the role of a catal… Read More
The income tax appellate entire body has ruled in favour of Yum Places to eat (Asia), which operates manufacturers – KFC, Pizza Hut and Taco Bell – sayi… Read More
GROSS DOMESTIC PRODUCT ESTIMATED TO GROW AT at 7.60 % for FY15 - 16AT CURRENT PRICES THE ADVANCE GDP ESTIMATE OF 2015 - 16 IS ₹ Rs. 113,51,000 LAKHS CR AND AT… Read More