Minimum Public Offer Requirements set tiered issuer-based allotment minima with mandatory staged public shareholding increases and exchange enforcemen...
Disallowance under tax law for investment expenses cannot be applied mechanically; authority must record clear reasons before increasing assessee's su...
Page of 4828
Press 'Enter' after typing page number.
5641 to 5660 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Under secondment arrangements, taxability of reimbursement of expatriate salary costs and any obligation to deduct tax at source depends on the terms and substance of the secondment agreements, the actual nature of services, and the employment conditions in India. ITAT noted that the issue could not be resolved by precedent alone because the relevant agreements were not examined by the assessee, the AO, or the CIT(A). The matter was therefore restored to the AO for fresh adjudication after calling for the complete agreements and related material, and after considering whether income accrued to the foreign entity in India and whether disallowance under s. 40(a)(i) arose.
Under secondment arrangements, taxability of reimbursement of expatriate salary costs and any obligation to deduct tax at source depends on the terms and substance of the secondment agreements, the actual nature of services, and the employment conditions in India. ITAT noted that the issue could not be resolved by precedent alone because the relevant agreements were not examined by the assessee, the AO, or the CIT(A). The matter was therefore restored to the AO for fresh adjudication after calling for the complete agreements and related material, and after considering whether income accrued to the foreign entity in India and whether disallowance under s. 40(a)(i) arose.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
