Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
Commercial property status protects capital-gains exemption when residential-house ownership limits are tested, while agricultural-land character gove...
Investigation deposits refunded after failed customs demands fall outside the statutory appellate pre-deposit interest regime and may attract compensa...
Resolution plan finality extinguishes unquantified operational-creditor claims and pending proceedings unless the approved plan expressly preserves th...
Stakeholder-list modification permits liquidators to update entries on new information, subject to notifying the Adjudicating Authority within prescri...
Technical know-how consideration payable by an Indian resident to a non-resident for use in its Indian business is chargeable to tax in India under source-based taxation of fees for technical services, including under the applicable treaty. Release of funds by a foreign grant administrator after certification of contractual claims merely discharges the resident's contractual liability; it does not change the resident payer's identity or the consideration's character. The location from which funds are remitted is not determinative. Tax deduction at source is therefore required, and non-deduction results in disallowance under Section 40(a)(i).
Technical know-how consideration payable by an Indian resident to a non-resident for use in its Indian business is chargeable to tax in India under source-based taxation of fees for technical services, including under the applicable treaty. Release of funds by a foreign grant administrator after certification of contractual claims merely discharges the resident's contractual liability; it does not change the resident payer's identity or the consideration's character. The location from which funds are remitted is not determinative. Tax deduction at source is therefore required, and non-deduction results in disallowance under Section 40(a)(i).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
