Possession and Retention of Foreign Currency
Dear all, This time we have come up with an interesting FEMA Provisions relating to Possession and Retention of Foreign Currency #FEMAkeFUNDAE #FamiliarwithFEMA
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Understanding make available clause
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Understanding and discussing the concepts of make available clause in various DTAA entered with India.
Going Abroad for a Vacation
Dear All, In this issue, we are simplifying FEMA provisions relating to Going abroad for a vacation. FEMA ke FUNDAE #FamiliarwithFEMA #fema
Commission, exhibition charges paid outside India not liable to TDS in India
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Commission, exhibition charges and testing charges paid outside India for sales outside India is not liable for TDS u/s 195 [2020] 113 taxmann.com 157 (Jaipur – Trib.)
FCGPR
Dear All, Wanted to know about Form FCGPR? In this issue, we are simplifying FEMA provisions relating to Form FCGPR. FEMA ke FUNDAE #FamiliarwithFEMA https://www.linkedin.com/posts/jscoca_fema-ke-fundae-activity-6993509674939518976-zMpb?utm_source=share&utm_medium=member_desktop
Indian ordinary resident cannot be barred from beneficial provisions of DTAA
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Section 90 does not bar resident from taking benefit of Article 16 where Government has entered into DTAA [2022]138 taxmann.com 478 (Kolkata – Trib.)
Overseas Investment-Part-V
Dear all, Wish you a very Happy Diwali..!! This is the final part of Overseas Investment Rules. The previous four parts of Overseas Investment Rules have been shared. In the Part IV we have discussed about Schedule IV, Schedule V and Other Concepts. In this Part V, we are going to discuss Obligations and Reporting …
Overseas Investment Part – IV
Dear all, In the previous part we have discussed about Schedule II and Schedule III. In this Part IV, we are going to discuss Schedule IV, Schedule V and Other Concepts. FEMA ke FUNDAE #FamiliarwithFEMA #FEMAkeFUNDAE #overseasinvestment #rbi
Equalization levy is not applicable if income is not accruing in India – JSCO | SITG
Saturday International Tax Gyan!! #taxmadeeasy #taxinpic Equalization Levy 1.0 will not be applicable if recipient of service is located outside India and advertisement income is not accruing in India ITA No. 305/JPR/2022 (Jaipur – Trib.)
Overseas Investment Part-III
Dear all, In the previous part we have discussed about Manner of making Overseas Investment and Schedule I. In this Part III, we are going to discuss Schedule II and Schedule III. FEMA ke FUNDAE #FamiliarwithFEMA #FEMAkeFUNDAE #overseasinvestment #rbi