India Tax News

Treaty between India and United States – Indian decision that taxability of business income on presumptive basis is subject to presence of PE

4 May 2013

Treaty between India and Malaysia enters into force

25 March 2013

Treaty between India and Sri Lanka signed

25 March 2013

Protocol to treaty between India and Poland signed

25 March 2013

Limited partnership that pays trade tax and has a tax residency certificate will be eligible to tax treaty benefits

25 March 2013

Treaty between India and Germany – Indian decision that certification fees are not fees for technical services

10 February 2013

Treaty between India and Ireland – Indian decision that payments for online banner advertising are not payments for royalties

10 February 2013

Protocol to treaty between Netherlands and India enters into force

10 February 2013

Treaty between India and Germany – Indian decision that Royalty / Fees for Technical Services should be taxed on receipt basis irrespective of the method of accounting followed

10 February 2013

Treaty between India and Thailand – Indian decision that payment for the facility of satellite up-linking and telecasting programmes is not royalty

10 February 2013

Treaty between India and United Arab Emirates – Indian decision on taxability of income for work performed both offshore and onshore

10 February 2013

Treaty between India and Switzerland – Indian decision that e-commerce income from website operations in India is not fees for technical services and would not be taxable in absence of PE in India

10 February 2013

Treaty between India and United Kingdom – Indian decision that all transactions that lead to tax savings cannot be regarded as a colourable transaction

9 February 2013

Revision to treaty between Belarus and India signed

9 February 2013

Decision on appropriateness of the comparables on the basis of FAR analysis

2 December 2012

Decision on the appropriateness of the comparables and the manner in which the 5% variance allowance is computed

2 December 2012

Protocol to treaty between India and United Kingdom signed

2 December 2012

Circular issued on conditions applicable for lower interest withholding tax rate of 5%

2 December 2012

Protocol to treaty between India and Spain signed

2 December 2012

Treaty between India and United Kingdom – Indian decision that slot hire agreements fall within the ambit of operation of ships for treaty purposes

2 December 2012

Treaty between India and Sri Lanka – Decision that "may be taxed" gives exclusive taxing rights to a contracting state

23 October 2012

Expert Committee issues its draft report on GAAR – details

23 October 2012

Treaty between India and Belgium – Decision that interest expense cannot be disallowed in absence of thin capitalisation rules

23 October 2012

Tax residence certificate rules issued

23 October 2012

Notification for rules regarding Advance Pricing Agreements Scheme

23 October 2012

Treaty between India and United Arab Emirates – Indian decision on deduction of head office expenses

14 October 2012

Notification of the variation range for transfer pricing purposes

14 October 2012

Treaty between India and Lithuania enters into force

14 October 2012

Decision that "goodwill" is eligible for tax depreciation

14 October 2012

Treaty between India and Singapore – Indian decision on gains on cancellation of foreign exchange forward contract

14 October 2012