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280 results found
Taxsutra – Indian High Court holds MFN clause in India-Netherlands Protocol applicable from date of OECD membership; Approves lower dividend WHTMay-04-202
An Indian state high court set aside withholding tax certificates of 10% and directed Revenue (the Indian income tax department) to issue fresh certificates at a lower rate of 5% on dividend payments from Indian subsidiaries to a Dutch parent.
1 minute
Indian Income Tax Tribunal rules TP provision inapplicable for divestment of shares, deletes TP adjustment
The Indian Income Tax Appellate Tribunal deleted a TP adjustment pertaining to the divestment of shares held by the assessee (Value Labs LLP) for Assessment Year 2015-16 (equivalent to Financial Year 2014-15).
1 minute
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