Call-recording requirements for institutional-investor client communications become non-mandatory, while institutional-investor status adopts the exis...
Restricted silver imports may clear under a valid import authorisation without additional status or exchange-routing requirements unless expressly imp...
Head Office cost allocation requires prescribed transfer-pricing methods; treaty ceilings bar surcharge and cess, while duplicate taxation is excluded...
Separate offshore-supply, domestic-supply and domestic-service contracts in a transmission project need not be treated as artificial splitting merely because project safeguards, acceptance testing and performance obligations apply. Where goods are supplied on CIF terms and title passes outside India, offshore-supply receipts are not taxable in India. An Indian associate conducting an independent business does not create a fixed-place or dependent-agent permanent establishment without legal, economic or other dependence. The presumptive computation provision for turnkey power projects does not extend to receipts from mere offshore supply under a separate contract.
Separate offshore-supply, domestic-supply and domestic-service contracts in a transmission project need not be treated as artificial splitting merely because project safeguards, acceptance testing and performance obligations apply. Where goods are supplied on CIF terms and title passes outside India, offshore-supply receipts are not taxable in India. An Indian associate conducting an independent business does not create a fixed-place or dependent-agent permanent establishment without legal, economic or other dependence. The presumptive computation provision for turnkey power projects does not extend to receipts from mere offshore supply under a separate contract.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4913 
