The Firm

Protocol Amending Indo-Australia Treaty Notified

Protocol Amending Indo-Australia Treaty Notified

CESTAT Rules On Value Of Free Supplies

CESTAT Rules On Value Of Free Supplies

CBDT Notifies The Rules For Application Of GAAR

The General Anti Avoidance Rules (GAAR) had first been introduced in the Direct Taxes Code (DTC) in 2009 to curb 'Impermissible Avoidance Arrangement' entered into by a person to avoid taxes.

Holcim-Ambuja-ACC: Unlocking synergies. Really?

Holcim-Ambuja-ACC: Unlocking synergies. Really?

Change in Downstream Investment Guidelines

Change in Downstream Investment Guidelines

IFA Copenhagen Congress 2013: Highlights

IFA Copenhagen Congress 2013: Highlights

Companies Act: 98 Sections Notified

Companies Act: 98 Sections Notified

OECD on BEPS: The Road Ahead

OECD on BEPS: The Road Ahead

RBI Liberalizes Investments By Non-Residents

RBI Liberalizes Investments By Non-Residents

Software License Payments & Royalty!

The Mumbai Bench of the Income Tax Appellate Tribunal (Tribunal) recently had the occasion to adjudicate upon the nature of the payments made by Reliance Communications Limited (Taxpayer) for the provision / supply of software.

Payments For Software License Is Royalty!

In an important ruling, the Mumbai bench of the Income Tax Appellate Tribunal ("ITAT"), in the case of Reliance Infocom Ltd ("the taxpayer") has ruled that payments towards software licenses are in the nature of royalty and taxes should be withheld in India

HC Rules On Treatment Of Sale Of Shares

The HC did not accept the taxpayers' contention that it is a case of sale of investments held by them that gives rise to income under the head 'capital gains'.

ITAT:Share Premium Not Equal To Income

The Mumbai bench of the Income Tax Appellate Tribunal in a recent ruling in the case of Green Infra Ltd., has held that premium on issue of shares is a capital receipt not chargeable to tax as Income from Other Sources under the Income-Tax Act, 1961. This BMR alert analysis the implications of the decision.

Pai, Khincha & Krishnan on Safe Harbours

T. V. Mohandas Pai is Chairman, Aarin Capital Partners and Chairman, Manipal Global Education Services. H. Padamchand Khincha is a well known Chartered Accountant in practice in Bangalore. S. Krishnan is an International Tax Consultant.

Websites – Arrested without Bail

Websites – Arrested without Bail

Insurers Allowed To Invest In Category I & II AIFs

Insurers Allowed To Invest In Category I & II AIFs

Deloitte's Feedback On Draft Safe Harbour Rules

Deloitte's Feedback On Draft Safe Harbour Rules

Draft Safe Harbour Rules

Draft Safe Harbour Rules

Draft Safe Harbour Rules

Draft Safe Harbour Rules

Filmy Intangibles!

Filmy Intangibles!

RBI Curbs Overseas Investment Limits

RBI Curbs Overseas Investment Limits

TP & SDTs

TP & SDTs

CBDT Notifies Revised TRC Format

CBDT Notifies Revised TRC Format

Companies Bill, 2012: Impact On M&A

Companies Bill, 2012: Impact On M&A