Service permanent establishment requires non-auxiliary services, while arm's-length distributor remuneration precludes further profit attribution in I...
Make-available condition excludes standard SaaS subscription receipts where customers receive no independently usable technical knowledge after subscr...
Anonymous donation classification fails where charitable trusts maintain undisputed donor identity records and evidence corpus contributions' intended...
Transfer pricing method selection favours TNMM where medical-equipment distribution involves substantial post-import value addition and operational ri...
Post-export shipping bill conversion remains available where contemporaneous evidence supports EPCG benefits despite curable procedural omissions and ...
Authorised Dealers must not undertake foreign exchange derivative contracts involving INR with related parties, except for cancellation and rollover of existing contracts and back-to-back transactions with non-related non-resident users under the applicable Master Direction. The term "related parties" is to be read consistently with Ind AS 24, IAS 24, or equivalent accounting standards. The circular withdraws the earlier instruction issued on April 1, 2026 and applies with immediate effect.
Authorised Dealers must not undertake foreign exchange derivative contracts involving INR with related parties, except for cancellation and rollover of existing contracts and back-to-back transactions with non-related non-resident users under the applicable Master Direction. The term "related parties" is to be read consistently with Ind AS 24, IAS 24, or equivalent accounting standards. The circular withdraws the earlier instruction issued on April 1, 2026 and applies with immediate effect.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
