We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the recent landmark decision of the Tribunal in the case of Maruti Suzuki holding the amendment in section 254(2A) requiring deposition of 20% of the demand or furnishing security of adequate amount is only applicable to […]
Category : TaxBuzz
Taxbuzz | Determination of Residential Status of Individuals during the ongoing Coronavirus Pandemic
We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the Circular No. 2 of 2021 dated 03.03.2021 issued by CBDT for determining residential status of individuals stranded in India owing to the ongoing coronavirus pandemic during the financial year 2020-21. The Circular issued by the […]
Taxbuzz | Guidelines Issued by CBDT under Section 194-O(4) and Section 206C(1-I) of the Income-Tax Act, 1961
We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the Guidelines issued by CBDT under Section 194-O(4) and 206(I-1) of the Income-tax Act, 1961. While the Board has sought to clarify various practical issues, it has still left many questions unanswered. To read the TaxBuzz, […]
Taxbuzz | The Taxation and other Laws (Relaxation and Amendment of certain provisions) Bill, 2020 passed by the Parliament
We are pleased to share with you the copy of our latest edition of “TaxBuzz”. We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the amendments proposed by the recently passed Taxation and Other Laws (Relaxation and Amendment of certain provisions) Bill, 2020. The Bill […]
Taxbuzz | COVID-19: Need for adjusting cost base and revising mark-up for services of captive service providers
We are pleased to share with you the copy of our latest edition of “TaxBuzz”. In the aftermath of COVID-19, benchmarking of profit margins of the low risk captive service providers from Transfer Pricing perspective would be a complex exercise, as the combined profitability in the value chain is shrinking and the associated enterprise would […]
Taxbuzz | The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020
We are pleased to share with you the copy of our latest edition of “TaxBuzz”. The Government has recently released a notification dated 24.06.2020 under The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 wherein time limitations for various compliances under the Income Tax and allied laws have been extended. The extended limitations […]