Section 115BBE classification requires a valid deeming-provision basis before special taxation, while the enhanced rate's temporal application remains...
Coercive recovery during GST searches is restrained pending scrutiny, preserving normal business operations and requiring adherence to investigation g...
DRP directions bind the final assessment order, but a patent computation omission may be rectified within the statutory period where the directions were reproduced but not implemented. An Indian subsidiary does not create a permanent establishment merely on facts previously found insufficient to establish one, so no business-profit attribution follows on that basis. Third-party cost reimbursements received without mark-up are not fees for included services unless the services are technical or consultancy services and make available the requisite technical knowledge or know-how under the India-USA DTAA. Corporate guarantee commission must be benchmarked on the taxpayer's facts; a fixed formula without examining the taxpayer's benchmarking is inappropriate.
DRP directions bind the final assessment order, but a patent computation omission may be rectified within the statutory period where the directions were reproduced but not implemented. An Indian subsidiary does not create a permanent establishment merely on facts previously found insufficient to establish one, so no business-profit attribution follows on that basis. Third-party cost reimbursements received without mark-up are not fees for included services unless the services are technical or consultancy services and make available the requisite technical knowledge or know-how under the India-USA DTAA. Corporate guarantee commission must be benchmarked on the taxpayer's facts; a fixed formula without examining the taxpayer's benchmarking is inappropriate.
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