Dear all, The new Overseas Investment Regulations have created a buzz all round. Delighted to share, FEMA provisions relating to Overseas Investment Part – I. FEMA ke FUNDAE #FamiliarwithFEMA #FEMAkeFUNDAE #overseasinvestment #rbi
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Shared services provided for the internal use of group companies/members is not liable to tax. (Deloitte Haskins & Sells LLP V/s Deputy Commissioner of Income-tax, (IT) [2022] 141 taxmann.com 205 (Mumbai – Trib.))
Dear all, In this issue, we have tried to simplify some of the FEMA provisions relating to ‘Resident Individual going abroad for employment’. FEMA ke FUNDAE #FamiliarwithFEMA #rbi #FEMAkeFUNDAE
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Recently we have seen that Form 10F needs to be filed online on e-filing portal for which the Non-resident will have to take PAN and DSC in India. Today we shall discuss the situations wherein Form 10F will not be mandatory if various conditions are fulfilled and will check on sample …
Is Form 10F mandatory if TRC contains all details – JSCO | SITG Read More »
Dear all, Curious to know about FEMA provisions regarding Downstream Investment. Here are some simplified pointers to it. #FEMAkeFUNDAE #FamiliarwithFEMA #investment #Downstreaminvestment #rbi
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Enrichment of service recipient/Addition to his capabilities sans transfer of skill/technology will not satisfy “make available” clause, and hence is not taxable as FTS under DTAA (NTT Asia Pacific Holdings Pte Ltd. V/s Assistant Commissioner of Income-tax, Circle 2(1)(2)[2022] 141 taxmann.com 137 (Mumbai – Trib.))
Dear All, In this issue, we are simplifying FEMA provisions relating to Form LLP 1. #FEMA ke FUNDAE #FamiliarwithFEMA #LLP
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Grant of right to install and use software & providing cloud computing software does not include providing copyright of said software to clients and the same would not be taxable as royalty. [[2022] 140 taxmann.com 121 (Delhi Tribunal)]
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