DTAA

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FTC Not denied merely on procedural lapses if conditions met

ITAT Chandigarh Order Assessee Regarding FTC not be denied merely on procedural lapses if substantive conditions are met. Income Tax… Read More

3 weeks ago

ITR to be filed by non-residents in case earning royalty/FTS

Impact on ITR has to be filed by non-residents in the case earning royalty/FTS income key implications of the Section… Read More

2 months ago

Filling of Form No. 67 for Availing FTC is directory Nature

Form No. 67 filling for availing Foreign Tax Credit is a directory nature & not Compulsory. In Matter of Ms.… Read More

9 months ago

Overview on ITR Reporting of Foreign Equity/Debt Investments

Guidance on ITR Reporting of Foreign Equity/Debt Investments When filing your Income Tax return in India, it is essential to… Read More

9 months ago

Interpretation of “May be Taxed” in DTAAs

Interpretation of "May be Taxed" in DTAAs In the context of Double Taxation Avoidance Agreements (DTAAs), the terminology used to… Read More

10 months ago

TRC is the valid document for determining treaty advantages

Tax Residency Certificate is the valid document for determining treaty advantages. ITAT- Delhi - M/s Sarva Capital LLC (ITA No.… Read More

1 year ago

Claim Foreign Tax Credit Under DTAA (form 67)

INTRODUCTION DTAA is the most important aspect for a Non-Resident Indian. Taxation becomes more complicated where the assessee is earning… Read More

4 years ago

Reimbursement of Expenses

REIMBURSEMENT OF EXPENSES Employees will occasionally need to spend their own money when incurring expenses on behalf of your firm.… Read More

10 years ago

key changes in new itr forms 3,4,5,6 and 7

What are the Key changes in new ITR Forms 3, 4, 5, 6 and 7?  CBDT has notified ITR Forms 1, 2 and… Read More

10 years ago
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