Dichotomy between gross and net amount - Analysis of Vijay Industries Judgment By Mahendra Singh Section 80HH of Income Tax Act provides for deduction in respect of profits and ga

Taxes on online gaming – Resolving the TDS anagram By Neha Sharma As per Section 194B of the Income Tax Act, the payer is to deduct TDS at the time of payment on the amou

Liaison Office as PE under India-US DTAA By Tanmay Bhatnagar A liaison office under the Foreign Exchange Regulations is not supposed to undertake any comme

Conversion of company to LLP - Capital gains tax implications By Prerana Priyanshu Conversion into Limited Liability Partnership (LLP) is becoming a popular choice for many existing companies. One of the cru

Privity of contract and locus with a source of income – A test of diversion by overriding title By Prachi Goel & Saurav Sood Deduction of allocation of distributable surplus as expend

Amalgamation – Action in concert for tax benefit? By Subhashree R In a recent case before NCLT, the income tax department objected to the scheme of amalgamation proposed by the petiti

Section 92 of the Income-tax Act, 1961 provides that any income arising from an international transaction shall be computed, having regard to the arm’s length price.

Deemed Associated Enterprises - Interplay between Sections 92A(1) and 92A(2) By Sanmati Raonka Section 92 of the Income-tax Act, 1961 provides that any income arising from an international trans

The Authority for Advance Rulings (Income Tax) in its recent ruling in the case of FRS Hotel Group has brought a question mark on the issue of operation and management contract for hotels.

Extensive control of non-resident over Indian entity – A taxing relation By Prachi Goel and Saurav Sood The Authority for Advance Rulings (Income Tax) in its rece