Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Retrospective amendment of the Foreign Trade Policy cannot deprive exporters or service providers of SEIS benefits accrued while an operative scheme covered their eligible services. The power to formulate or amend the policy does not authorise retrospective withdrawal of such accrued rights. Services rendered and foreign exchange earned during FY 2019-20 remained eligible despite later notifications introducing Appendix 3X and excluding specified services under Appendix 3E. The notifications operate prospectively from their respective issue dates, requiring processing of accrued SEIS claims and consequential benefits, including claims that could not previously be filed.
Retrospective amendment of the Foreign Trade Policy cannot deprive exporters or service providers of SEIS benefits accrued while an operative scheme covered their eligible services. The power to formulate or amend the policy does not authorise retrospective withdrawal of such accrued rights. Services rendered and foreign exchange earned during FY 2019-20 remained eligible despite later notifications introducing Appendix 3X and excluding specified services under Appendix 3E. The notifications operate prospectively from their respective issue dates, requiring processing of accrued SEIS claims and consequential benefits, including claims that could not previously be filed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
