Taxindiainternational.com - International Taxation, Transfer Pricing, DTAA, NRI, FDI, Income Tax, Custom, Service Tax, Caselaws, Notifications, Circulars, Analysis

INTL TAXATION TP CUSTOMS FDI MISC VISA BIPA NRI

Newsletter Archive

NEWS FLASH

India-UK DTAA - Whether when there is no co-relation between actual expenditure incurred by HO and that recovered from branches and when there is a profit element in recovery from branches it can be accepted that HO merely recovered costs incurred from Indian branch - Whether an auditor's certificate mentions that head office expenses have only been initialed by them on basis of statements furnished by assessee, it can be said to form a basis of allocation of such expenses to branch(See 'TII Breaking News')

India-France DTAA - Whether when DTAA does not say anything about inclusion of surcharge and education cess for purpose of deduction of tax at source, there is an apparent conflict between Income-tax Act and DTAA with regard to deduction of tax at source - Whether if provisions of DTAA are more beneficial to taxpayer, then provisions of DTAA would prevail over Indian Income-tax Act -Whether when DTAA is silent about surcharge and education cess for purpose of deduction of tax at source, taxpayer may take advantage of provision in DTAA for deduction of tax (See 'TII Breaking News')

WTO Chief asks EU to open up services sector (See 'TII Brief')

Singapore to simplify tax laws to share banking information (See 'TII Brief')

TP - Whether When entire finished products is supplied to AE and assessee is a captive supplier of finished goods to AE, foreign visits by directors of company for purpose of meeting with buyers of assessee's AE can be said to be in connection with wholly and exclusively for business purpose of assessee - Whether for allowing expenditure, onus is on assessee to prove that expenditure has been laid out wholly and exclusively for purpose of business of assessee(See 'TII Breaking News')

I -T- Whether section 44C refers to common head office expenses and cannot encompass expenses exclusively incurred by head office for Indian branch - Whether amount spent on air tickets, domestic expenses in respect of loading, boarding and conveyance of employees who belong to a foreign entity, can be considered u/s 44C - Whether any disallowance u/s 37(1) can be made when sufficient details regarding expenditure incurred has been provided - Whether when duty is cast on payer to deduct tax at source, on failure of payer to do so, interest can be charged from payee assessee u/s 234B (See 'TII Breaking News')

CBEC notifies Customs exchange rates w.e.f May 17 (See 'Exchange Rate Notifications' in Customs)

TP - Whether ALP of management fee paid by assessee to its AE can be taken to be Nil on ground that no services were rendered by AE - Whether when payments made by assessee were disallowed for non-deduction of TDS, claim of assessee in respect of same for current year on actual payment can be disallowed (See 'TII Breaking News')

TP - Whether when same material, which is purchased by assessee from AE is sold to same AE, and profit margin on such purchase and sale to AE is considered for working out addition in profit of assessee, separate addition in respect of purchases can be made (See 'TII Breaking News')

Lawmakers launch US Tax Reform Website in USA (See 'TII Brief')

France, Germany rejuvenate Joint Tax initiatives (See 'TII Brief')

India-UK DTAA - Whether amendment made by Finance Act 2010 in section 9 with retrospective effect from Ist June, 1976, is applicable only in cases covered under clause (v), (vi) or clause (vii) of section 9(1) and not clause (i) of section 9(1) - Whether Bombay High Court decision in assessee's own case holds good notwithstanding retrospective amendment in Explanation to Sec 9 vide Finance Act, 2010 - Whether Article 7(1) of India-UK DTAA read with Article 7(3) thereof, are akin to provisions of section 7(1)(b) and 7(1)(c) of UN Model Convention-when connotations of

I-T - Whether considering Tribunal decision that income from transaction in derivative was assessable under Capital Gains in the case of FII, even if in the assessee's case no appeal was filed against a different view, it is still a debatable issue- Whether penalty can be levied in such cases(See 'TII Breaking News')

US, UK, Australia to share database to track down tax cheats (See 'TII Brief')

TII SEARCH

Home >> CUSTOMS>> Customs Act, 1962

Member Login


Username	:
Password	:

		Subscribe Forgot Password

INTL TAXATION	TP	CUSTOMS	FDI	MISC	VISA	BIPA	NRI	TII
DTAAs TIEAs Circulars (I-T Act, 1922) Circulars Instructions Notifications DRP Panel Administrative Orders Committee Reports I-T Act, 1961 Relevant Portion of I-T Rules,1962 Relevant Portion of I-T Act,1922 Finance Acts Manual on EoI DTC Bill AAR Cause List UN Model Taxation Misc GAAR	Circulars Instructions Notifications Relevant Sections of Act TP Rules Forms Miscellaneous APA Rules APA FAQ	Circulars Valuation Rules Customs Act, 1962 Customs Tariff Act, 1975 Customs Manual Exchange Rate Notifications SEZ Circulars	FEMA Act Exchange Manual Fema Notifications Master Circulars Press Notes Rules RBI Circulars FDI Circulars Reports FDI Approved RBI Other Notifications	PMLA Notification PMLA Instruction PMLA Bill FM Budget Speeches SEBI Multimodal Transportation Vienna Convention NBFC Reports EXIM Bank LoC Manufacturing Policy FTDR Act, 1992 Intellectual Property White Paper Posting Policy Black Money Fact-Sheet	SSAs EPFO FAQs Acts Rules Guidelines Tourist Visa Notifcations	BIPA	Circulars Relevant Portion of I-T Act I-T Rules, 1962 Notifications	Subscribe About Us Contact Us


A Taxindiaonline Website. Copyright © 2013 Taxindiainternational.com Pvt.Ltd. All rights reserved. \| Powered by 4th Dimension