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- May 13
- 4 min
[ITAT] Revenue from Software Licensing Fees and Annual Maintenance Contracts Not Taxable in India Due to Absence of Permanent Establishment
ITAT rules in favor of Openwave Mobility Inc., finding software licensing fees and maintenance contracts non-taxable in India without a PE.
- May 12
- 2 min
P&H HC Stays CBIC Circular on Corporate Guarantees, Citing Jurisdiction Overreach
The Punjab and Haryana HC halts GST directive, defending judicial integrity against regulatory overstep.
- May 11
- 8 min
Legal Insights into the Amendment of Show Cause Notices in GST
Navigate GST intricacies: Can Show Cause Notices be amended post-issuance? Explore the boundaries of legal adjustments.
- May 11
- 3 min
MP High Court Clarifies Applicability of S. 14A Amendment
The MP High Court decisively ruled on the non-retroactive application of s.14A of the Act, safeguarding taxpayer rights from past liability.
- May 9
- 12 min
Decoding the Nexus of Economic Loyalty & Profit Attribution to Permanent Establishments
Explore the shifting sands of global taxation: Aligning profit with presence in today's borderless markets.
- May 9
- 2 min
[ITAT – Mumbai] Penalty Under S. 271(1)(c) of ITA for Income Concealment Deleted as the Assessee Had Explained Reasons for Advancing Interest-Free Loan to Its Associated Enterprises
ITAT Mumbai clears penalty for Air Works, affirming bona fide interest-free loans to AE.
- May 9
- 3 min
Payments Made to Non-Resident Entities Not Taxable in India as Royalty
ITAT rules interconnect charges are not royalties under the Income-tax Act, a key decision for non-resident firms.
- May 7
- 13 min
Foreign Tax Credit: A Comprehensive Overview
Explore how the Foreign Tax Credit prevents double taxation and stimulates economic growth globally. A must-read for global investors!