Cross Border Inbound Merger Part 1 of 2
Dear all, This time we have come up with an interesting FEMA Provisions relating to “Cross Border Inbound Merger Part 1 of ”#FEMAkeFUNDAE #FamiliarwithFEMA #rbi
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January 2025
Different streams of income can have different tax treatment
Saturday International Tax Gyan!! (SITG No. 242) #taxmadeeasy #taxinpic Part 3 – Taxpayer can opt for taxability under Act or DTAA, whichever is more beneficial for each stream of income.
Merchanting trade transactions
Dear all, This time we have come up with an interesting FEMA Provisions relating to “Merchanting trade transactions” #FEMAkeFUNDAE #FamiliarwithFEMA #rbi
If two views possible, view which is favourable to taxpayer should be adopted
Saturday International Tax Gyan!! (SITG No. 241) #taxmadeeasy #taxinpic Part- 2 of a new series “Back to Basic Principles” wherein we shall discuss some basic principles of DTAA read with Income tax act. As per the established principle, in cases where two views are possible, view which is favourable to taxpayer should be adopted.
NRI Returning to India -Part 2
This time we have come up with an interesting FEMA Provisions relating to “NRI Returning to India –Part 2” #FEMAkeFUNDAE #FamiliarwithFEMA #rbi
Right to Choose Between DTAA and IT Act- JSCO| SITG
Saturday International Tax Gyan!! (SITG No. 240) #taxmadeeasy #taxinpic As per the established principle, in cases where a DTAA is in force, the provisions of the Act or the DTAA, whichever are more beneficial to the assessee, shall prevail.
NRI Returning to India -Part 1
Dear all, This time we have come up with an interesting FEMA Provisions relating to “NRI Returning to India –Part 1” #FEMAkeFUNDAE #FamiliarwithFEMA #rbi
PE must be treated as a distinct and independent entity for taxation purposes- JSCO | SITG
Saturday International Tax Gyan!! (SITG No. 239) #taxmadeeasy #taxinpic PE must be treated as a distinct and independent entity for taxation purposes. Profits attributable to a PE are taxable irrespective of the global financial performance of the enterprise. {Hyatt International Southwest Asia Ltd. vs ADIT [2024] 166 taxmann.com 466 (Delhi)[19-09-2024]}
Hedging of Commodity (Price and Freight Risk)
Dear All,Happy New YearThis time we have come up with an interesting FEMA Provision relating to Hedging.