Trade setup for Wednesday: 15 things to know before opening bell
A short build-up was seen in 76 stocks, including Coromandel International, Indiabulls Housing Finance, India Cements, Dalmia Bharat, and Siemens.
Source: moneycontrol.com
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Top News In Resolution Panel Today - Breaking & Trending Today
Subscription, professional and training services doesn't qualify as FTS under India-Netherland DTAA
ITAT Delhi held that income from subscription, professional and training services for use of software doesn’t fall within the definition of Fees for Technical Services (FTS) under India-Netherlands DTAA and hence cannot be taxed in India.
Source: taxguru.in
Netflix could move tribunal against Rs 196-crore tax demand
The I-T depatment had contended that Netflix Entertainment Services (India) LLP acted as a dependent agent permanent establishment (DAPE) of Netflix. Total revenue generated by the companys operations between April 2020 and December 2020 was above Rs 1,145 crore. Of this, Rs 1,008 crore was profit, of which attribution to Indian operations was calculated at Rs 503 crore.
Source: indiatimes.com
Tax Cases Weekly Round-Up: 17 September To 23 September, 2023
Delhi High Court Tax Authority Based In Delhi Lacks Jurisdiction On Withholding Tax Liability On Share Purchase Transaction: Delhi High Court Quashes Tax Demand Against Sumitomo Case Title:...
Source: livelaw.in
DRP Can Give Directions Only In Pending Assessment Proceedings: Bombay High Court
The Bombay High Court has held that the Dispute Resolution Panel (DRP) could give directions only in pending assessment proceedings.The bench of Justice K. R. Shriram and Justice N. K. Gokhale has...
Source: livelaw.in