Tax Gyan

Saturday International Tax Gyan!! (SITG -212) #taxmadeeasy #taxinpic Tax rate applicable on PE of “Foreign Company” in India

(SITG No. 210) Dear all, We present you the PPT showing a glimpse of the 4th Anniversary celebration of SITG. Thank you everyone for showing your support. To show your support we would request to kindly join our WhatsApp group and provide us your valuable feedback on below mentioned links: Whatsapp group link: https://chat.whatsapp.com/IN97OOaZryf2HmCzZ5WlMV Link for feedback Form: https://forms.office.com/r/JiaXYiB2N7

Saturday International Tax Gyan!! (SITG -209) #taxmadeeasy #taxinpic Guarantee fee charged by foreign entity for guarantee provided to banks to extend credit facilities to its Indian subsidiaries, would not fall within expression of ‘interest’ in article 12 of India UK DTAA.

Saturday International Tax Gyan!! (SITG -208) #taxmadeeasy #taxinpic Investment made in the share capital of Subsidiary company could not be treated as income as same was in nature of capital account transaction

Saturday International Tax Gyan!! (SITG -207) #taxmadeeasy #taxinpic ESOP/ RSU granted to an employee who has worked in different countries during vesting period shall be taxed in different countries on proportionate basis.

Saturday International Tax Gyan!! (SITG -206) #taxmadeeasy #taxinpic Taxability of salary income in India under cross border scenarios.

Saturday International Tax Gyan!! (SITG -205) #taxmadeeasy #taxinpic Income accrued on such retirement plan will be taxable in the year of withdrawal or redemption (Section 89A) at the option of assessee

Saturday International Tax Gyan!! (SITG -204) #taxmadeeasy #taxinpic Global income of tax resident of Singapore company from shipping operation is taxable only in Singapore and India has revoked it’s right of taxing such income.

Saturday International Tax Gyan!! (SITG -203) #taxmadeeasy #taxinpic Where a resident assessee exercises his employment in US, and  stays in US for more than 183 days in the relevant taxable year, such income of the assessee will not taxable in India.

Saturday International Tax Gyan!! (SITG -202) #taxmadeeasy #taxinpic Protocol amending the convention between the tax treaty of India and Mauritius for avoidance of double taxation and prevention of tax evasion by including principle purpose test.