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Page 12 - வருமானம் வரி மேல்முறையீடு தீர்ப்பாயம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Find out about exam dates, academic partnerships, college events and more

May 04, 2021 09:26 IST Updated: May 04, 2021 09:26 IST Updated: Find out about exam dates, academic partnerships, college events and more. Share Article LSAT-India on May 29 In response to the postponement of Class XII CBSE exams, LSAC Global announced that the 2021 LSAT-India will be delivered over multiple days and slots starting May 29. Due to uncertainty of the date for the Board exams, which will not be announced until at least June 1, LSAC Global felt it was unfair for the current class of law school aspirants to have to put their exam preparations on hold. Most importantly, the date change assures students that the exam will not fall in concurrent dates, giving students the flexibility to adequately prepare for both examinations. Registration will now close on May 14. In order to help students prepare, LSAC Global launched

ITAT: Goldman Sachs can opt for more beneficial I-T Act provisions and carry forward short-term cap losses

ITAT: Goldman Sachs can opt for more beneficial I-T Act provisions and carry forward short-term cap losses © Provided by The Times of India MUMBAI: The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has held that Goldman Sachs India Investments, a Singapore resident entity, which is registered as a Foreign Institutional Investor (FII) in India, can rely on the provisions of the Income-tax (I-T) Act, if these are more beneficial. Section 90 (2) of the I-T Act provides that if a taxpayer is covered by a tax treaty entered into by India, then the provisions of the Act shall apply to the extent these are more beneficial.

Marwadi University Faculty of Law Successfully Concludes First-Ever Pan-India Virtual Moot Court Competition

Share Rajkot: The Faculty of Law at Marwadi University (MU), recently hosted and successfully concluded the first of its kind Virtual National Moot Court Competition. Over 42 teams participated from across the country, which included teams from prestigious institutions such as the Gujarat National Law University (GNLU), Damodaram Sanjivayya National Law University (DSNLU), Lucknow University, The Tamil Nadu Dr. Ambedkar Law University, Mahatma Gandhi University School of Indian Legal Thought, Bharti Vidyapeeth, NMIMSand Amity, Dubai, among other noteworthy institutions participating at the competition. Hon’ble Justice P P Bhatt, President, Income Tax Appellate Tribunal & Senior Judge, High Court of Gujarat, graced the occasion as the Chief-guest.

Exemption can t be disallowed under India-Austria DTAA only for want of TRC: ITAT

By Taxscan Team - On April 26, 2021 10:15 am The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench held that the exemption can not be disallowed under India-Austria Double Taxation Avoidance Agreement (DTAA) only for want of Tax Residency Certificate (TRC). The assessee, Ranjit Kumar Vuppu is a Non- resident individual, filed his return of income for the A.Y 2014-15 on 31.07.2014 admitting total income of Rs.10,04,580/-. During the assessment proceedings under section 143(2) of the Act pursuant to selection of his return of income for scrutiny under CASS, the assessee was required to furnish certain information and the said information was furnished by the assessee.

Karnataka HC refers Google case back to ITAT

Karnataka HC refers Google case back to ITAT Top Searches Karnataka HC refers Google case back to ITAT Shilpa Phadnis / TNN / Apr 24, 2021, 09:31 IST FacebookTwitterLinkedinEMail BENGALURU: In a relief to Google India, the Karnataka high court has set aside the Income Tax Appellate Tribunal (ITAT) order related to the Adwords platform (now called Google Ads). It asked the tribunal to hold a fresh hearing at the earliest. The Adwords platform allows advertisers to create product listings and display advertisements. The ITAT had held that payments aggregating to Rs 1,457 crore made by Google India to its parent firm Google Ireland between 2007-08 and 2012-13 are taxable as royalty. It had held that the payments constitute royalty under the Indian law, as well as under the India-Ireland Double Tax Avoidance Treaty (DTAA), and therefore are subject to withholding tax.

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