TaxBuzz | Interest paid on Capital Borrowed Outside India for Overseas Investment NOT exigible to tax in India – Assessee eligible for Refund of TDS: Delhi HC

We are pleased to share with you a copy of our in-house publication – “TaxBuzz”, wherein we have analysed the recent ruling of the Delhi High Court in the case of Sun Pharmaceuticals Industries Limited 2025:DHC:564-DB, wherein, the Hon’ble High Court has held that interest paid by an Indian Company on capital borrowed outside India […]

TaxBuzz | Validity of Reassessment Initiated on Assumption of Facts

We are pleased to share with you a copy of our in-house publication – “TaxBuzz”. In this edition, we have analyzed the recent judgment rendered by the Delhi High Court in the case of Grid Solutions OY, wherein reassessment proceedings initiated on the basis of findings of survey conducted in a different assessment year and […]

TaxBuzz | ITAT ruling in the case of SC Lowy

Attached herewith a summary of the recent ruling of the Delhi bench of Income tax Appellate Tribunal in the case of S.C. Lowy P.I. (Lux) S.A.R.L., wherein the Tribunal had examined the principal purpose test introduced by amendment in Multilateral Instruments in the India-Luxembourg tax treaty. This is the first case in India where the […]

TaxBuzz | Selection and Application of Most Appropriate Method

We are pleased to share with you a copy of our in-house publication – “TaxBuzz”. In this edition, we have analysed the recent judgment in the case of Sabic India Pvt. Ltd, wherein the Delhi High Court has emphasized the importance of principle of consistency in matters relating to selection of the most appropriate method […]