https://www.taxtmi.com/caselaws?id=202806 The Authority ruled in favor of the applicant regarding the taxability of capital gains, transfer pricing provisions, and liability to withhold taxes, confirming that the capital gains are taxable only in the Netherlands, transfer pricing provisions do not apply, and there is no obligation to withhold taxes under section 195. However, the Authority ruled against the applicant on the obligation to file a return of income under section 139(1), stating that it exists irrespective of tax liability due to the Tax Treaty between India and the Netherlands. en-us Mon, 28 Mar 2011 00:00:00 +0530 Fri, 20 Jan 2012 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202806 The Authority ruled in favor of the applicant regarding the taxability of capital gains, transfer pricing provisions, and liability to withhold taxes, confirming that the capital gains are taxable only in the Netherlands, transfer pricing provisions do not apply, and there is no obligation to withhold taxes under section 195. However, the Authority ruled against the applicant on the obligation to file a return of income under section 139(1), stating that it exists irrespective of tax liability due to the Tax Treaty between India and the Netherlands. Case-Laws Income Tax Mon, 28 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202806