PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
HC held that cross-charges paid by affiliated entities do not constitute Fees for Technical Services (FTS) or Fees for Included Services (FIS) under India-US DTAA. The services rendered did not transfer technical knowledge or enable recipient's absorption of specialized skills. Without copyright transfer or substantive knowledge transfer, the payments cannot be construed as royalties. Relying on Supreme Court precedent, the HC directed the Assessing Officer to issue a 'NIL' withholding tax certificate for cross-cost charges, setting aside the original order that sought to impose 15% withholding tax.
HC held that cross-charges paid by affiliated entities do not constitute Fees for Technical Services (FTS) or Fees for Included Services (FIS) under India-US DTAA. The services rendered did not transfer technical knowledge or enable recipient's absorption of specialized skills. Without copyright transfer or substantive knowledge transfer, the payments cannot be construed as royalties. Relying on Supreme Court precedent, the HC directed the Assessing Officer to issue a 'NIL' withholding tax certificate for cross-cost charges, setting aside the original order that sought to impose 15% withholding tax.
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