https://www.taxtmi.com/news?id=1046 Withdrawal of CBDT circulars rescinds administrative guidance on the taxability of non-residents-guidance that had limited taxable income to profits attributable to Indian operations, excluded certain principal-to-principal sales and export commissions, and exempted procurement offices buying in India solely for export. The withdrawal prevents direct reliance on those circulars and strengthens revenue arguments in pending disputes, requiring taxpayers to determine taxability by reference to the Income Tax Act, applicable tax treaties and judicial precedents rather than withdrawn administrative instructions. en-us Mon, 16 Nov 2009 16:22:56 +0530 Mon, 16 Nov 2009 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1046 Withdrawal of CBDT circulars rescinds administrative guidance on the taxability of non-residents-guidance that had limited taxable income to profits attributable to Indian operations, excluded certain principal-to-principal sales and export commissions, and exempted procurement offices buying in India solely for export. The withdrawal prevents direct reliance on those circulars and strengthens revenue arguments in pending disputes, requiring taxpayers to determine taxability by reference to the Income Tax Act, applicable tax treaties and judicial precedents rather than withdrawn administrative instructions. News - Mon, 16 Nov 2009 16:22:56 +0530 https://www.taxtmi.com/news?id=1046