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277 results found
Indian Appellate Tribunal holds Morgan Stanley’s income from Indian Depository Receipts exempt under art. 22 of India-Mauritius DTAA
The Indian Income Tax Appellate Tribunal (Appellate Tribunal) allowed the assessee’s (Morgan Stanley Mauritius Co Ltd) appeal and held income from Indian Depository Receipts (IDRs) as taxable in the hands of Mauritian investors under Indian domestic tax law, but extended the exemption under article
1 minute
Supporting you in tracking the latest BEPS developments
We have updated and further expanded our BEPS Country Monitor tracking the latest BEPS developments adopted by countries. With an additional 18 countries, reaching a total of 88 countries covered (across all continents) plus two organizations (OECD and the European Union), you get one overview of
2 minutes
Indian Income Tax Appellate Tribunal holds for “beneficial ownership” under Black Money Act; mere signature on foreign bank’s account opening form is inadequate
The Indian State Income Tax Appellate Tribunal (ITAT) rejected Revenue’s appeal and deleted the addition made under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BMA), holding that the mere mention of name in the account opening form of an overseas bank
1 minute
Digital Taxation Monitor now on our Tax Research Platform (TRP)
We have recently created the Digital Taxation Monitor covering the taxation of digitalized economy. It will initially comprise of 60 country tables regarding current unilateral measures and VAT measures per country. It also covers the supranational discussions and measures adopted by the OECD, EU
5 minutes
We’re proud to introduce IBFD’s new website
IBFD is delighted to welcome you to our new website. We wanted to provide you with faster and easier access to a wealth of tax information and help you explore our diverse range of products and services. To achieve this, we’ve designed a website that is modern and intuitive, giving you a better user
2 minutes