Country of Origin Certificates and declared transaction value supported preferential customs exemption where authenticity and invoice prices remained ...
Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Page of 4805
Press 'Enter' after typing page number.
201 to 220 of 96092 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Petitioner's revenue from an Indian payer was not subjected to tax deduction at source, despite being taxable income in India. The assessing officer reopened assessment u/s 147, contending the live feed component was taxable as royalty and rejecting the 95:5 bifurcation of license fee between live feed and recorded content. Following the Delhi High Court's decision in CIT v. Fox Network Group, the court found no justification for the reassessment action. The assessing officer's view rejecting the 95:5 bifurcation was rendered perverse in light of the agreement's stipulations. Consequently, the court allowed the writ petitions and quashed the order u/s 148A(d).
Petitioner's revenue from an Indian payer was not subjected to tax deduction at source, despite being taxable income in India. The assessing officer reopened assessment u/s 147, contending the live feed component was taxable as royalty and rejecting the 95:5 bifurcation of license fee between live feed and recorded content. Following the Delhi High Court's decision in CIT v. Fox Network Group, the court found no justification for the reassessment action. The assessing officer's view rejecting the 95:5 bifurcation was rendered perverse in light of the agreement's stipulations. Consequently, the court allowed the writ petitions and quashed the order u/s 148A(d).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
