Editor's Pick

ITAT: Trade advance driven by commercial consideration, not deemed dividend; Applies 2017 CBDT-circular

Chennai ITAT confirms CIT(A) order, rejects deemed dividend addition u/s. 2(22)(e) in hands of assessee-individual during AY 2014-15,

Jun 19,2018

HC: Insists Tax Clearance Certificate before director leaving country, considering Rs. 400 cr. demand raised u/s. 179

Kerala HC sets aside order u/s. 179 holding assessee-individual jointly and severally liable for payment of tax and penalty

Jun 18,2018

ITAT: Deletes unexplained cash credit addition as assessee not maintaining books of accounts

Delhi ITAT deletes addition u/s 68 [dealing with unexplained cash credits] in respect of cash deposited in the

Jun 14,2018

ITAT: Conducting ‘training’, providing CRS access to Marriott Hotels, not FTS for Dutch affiliate

Mumbai ITAT rules that consideration received by assessee (a Dutch company, part of the Marriott group) for the

Jun 12,2018

ITAT: Executive search fees independent of trademark license fees, rejects FTS-taxability; Cites APA

Mumbai ITAT holds that Executive Search Services fees (‘ESF’) received by assessee (a Dutch company) not taxable as

Jun 06,2018

ITAT: No TDS on assessee's UK Branch payments towards advertisement/consultancy charges to NR

Mumbai ITAT rejects applicability of TDS u/s 195 on payment of advertisement expenses and professional and consultancy fees

Jun 05,2018

ITAT: Deletes Rs. 3200 cr. addition, Department erred in invoking ‘indirect transfer’ provision for resident

Mumbai ITAT deletes over Rs. 3,200 cr. capital gains addition made by AO invoking Explanation 5 to Sec.

Jun 04,2018

AAR: International Zinc Association's India LO not rendering 'specific services'; Surplus not taxable u/s 28(iii)

AAR rules that the Liaison office (‘LO’) of the Applicant (International Zinc Association, a Belgium based International Non-Profit Association) established

Jun 04,2018

ITAT: Builder’s land payment in cash meets business expediency test, deletes Sec 40A(3) disallowance

Jaipur ITAT deletes disallowance u/s 40A(3) with respect to cash payment made by assessee-firm (engaged in real estate

May 31,2018

AAR: US-parent Co's income from authorised Indian reseller for content delivery solutions not taxable

AAR holds that payment received by the Applicant (a US based technology company) from its India based group

May 29,2018