https://www.taxtmi.com/article/detailed?id=16300 Withdrawal of the Equalisation Levy from 1 April 2025 is not retrospective, so pre-transition receipts remain subject to the earlier levy regime, including pending assessments, appeals, refund claims, and residual compliance obligations. The sunset of section 10(50) from Assessment Year 2026-27 ends the income-tax exemption for equalisation-levy-taxed receipts, requiring post-transition receipts to be examined under section 9, Significant Economic Presence analysis, and the applicable treaty provisions. Straddle transactions are governed by the date-of-consideration test, and overlapping foreign Digital Services Tax may create an unresolved foreign tax credit gap. en-us Tue, 28 Apr 2026 07:31:31 +0530 Tue, 28 Apr 2026 07:31:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16300 Withdrawal of the Equalisation Levy from 1 April 2025 is not retrospective, so pre-transition receipts remain subject to the earlier levy regime, including pending assessments, appeals, refund claims, and residual compliance obligations. The sunset of section 10(50) from Assessment Year 2026-27 ends the income-tax exemption for equalisation-levy-taxed receipts, requiring post-transition receipts to be examined under section 9, Significant Economic Presence analysis, and the applicable treaty provisions. Straddle transactions are governed by the date-of-consideration test, and overlapping foreign Digital Services Tax may create an unresolved foreign tax credit gap. Articles Income Tax Tue, 28 Apr 2026 07:31:31 +0530 https://www.taxtmi.com/article/detailed?id=16300