DTAA with Maldives to stop double taxation on International air transport income Agreement between India and Maldives for avoidance of double taxation of income from International air transport The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval forsigning of an Agreement between India and Maldives for the avoidance of […]
Software developer cannot be compared with service provider Transfer Pricing: Companies in software development services not comparable with those in development of software products and services Brief of the Case ITAT Bangalore held in the case of GXS India Technology Center Pvt. Ltd. vs. ITO that a company which is engaged in development of software […]
Female member can be Karta of HUF – Delhi HC Brief of the Case Delhi High Court held In the case of Mrs. Sujata Sharma vs. Shri Manu Gupta that post Hindu Succession (Amendment) Act, 2005 which amended the Hindu Succession Act, 1956, all rights which were available to a Hindu male are now also […]
Services having indirect nexus with business are Input services Inputs services also include services having some sort of indirect nexus with the assessee’s business activities Brief of the case: The CESTAT Mumbai in the case of Sudarshan Chemical Industries Ltd. vs. CCE (A) held that input services not only cover services of falling in the […]
Export benefit cannot be denied on re-processed damaged goods In the case of M/s Uni worth Textiles Ltd. Vs. Commissioner of Central Excise, Nagpur, (CESTAT Mumbai); Appeal No. E/1510/11; Date of Decision-14.01.2016 it was held that the Export benefit on export of goods cannot be denied on the mere fact that the goods got damaged, […]