We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the recent decision of the Tribunal in the case of Bank of India denying the claim of refund of taxes paid outside India, in absence of tax liability in India on such foreign sourced income. The […]
Category : TaxBuzz
Taxbuzz | Engineering Analysis Centre of Excellence Private Limited (SC) – Software Taxation
We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the recent decision of the Supreme Court in the case of Engineering Analysis Centre of Excellence Private Limited v. CIT [Civil (Appeal) 8733-8734 of 2018 (SC)] wherein the Court has held that payments made by resident […]
Taxbuzz | ITAT empowered to extend stay without mandating payment – Delhi ITAT in MSIL
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 […]
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 […]