Nangia & Co

Corporate Tax Rate Cut- Fine Print Analysis

Applicability Of Kerala Flood Cess W.E.F. 1 August 2019

Key Highlights Of 36th GST Council Meeting

Changes In Company Law

Assessment Order Issued On A Non-Existent Entity (Pursuant To Amalgamation) Is Void Ab Initio And Such Defect Is Not Curable

High Court Upholds The ITAT Decision Asserting Share Application Money Cannot Be Treated As Loan Despitedelay In Allotment Of Shares

ITAT: Equity Oriented MF Units, Not ‘Shares'; STCG Not Taxable Under India-UAE Treaty

Income Earned Through Rendition Of Cloud Hosting Services Not Taxable As ‘Royalty' In India

Amounts Paid To France Entity Towards Reimbursement Of Salary Cost And Consideration For Technical And Managerial Services, Not Royalty Or FTS

The Tribunal Affirmed The Re-Characterization Of The Refunded Share Application Money (Advanced By Taxpayer To Its Associated Enterprise) As Loan Transaction And Subjects The Same For Levy Of Interest

Extending Corporate Guarantee By Indian Entity Its Overseas Subsidiary Is A ‘Shareholder Activity'; Restores The Matter In Respect Of Intercompany Loan

GST Council Meet: Centre Proposes Four Tier Structure Under GST With Two Standard Rates

Withholding Tax Non-Applicable On Lump Sum Lease Premium Payable On Long-Term Leases – CBDT Clarifies

Income Of Non-Resident That Is Not Attributable To PE In India Shall Still Be Taxable In India As FTS

Ministry Of Finance Has Released Draft Rules And Formats Of Registration, Invoice, Payment, Return And Refund Under GST

The Tribunal Ruled Out That Scenarios Wherein The Arm's Length Price Determination Of The International Transactions Results In Decline In The Indian Tax Base, The Indian Transfer Pricing Provisions Are Not Applicable In Such Instances

Simultaneous Application Of Two Methods For Benchmarking An International Transaction Is Not Permitted In India TP Regulations

CBDT Amends Income Computation And Disclosure Standards And Also Defers Them By A Year 2016-17

Social Security Agreement Between India And Japan Comes Into Force With Effect From 1 October 2016

Payment For Technical Services Made For Earning Future Source Of Income Outside India Is Covered By The Source Rule Exclusion Under The Act