Interest payable by an Indian company or a business trust to a non-resident, including a foreign company, in respect of rupee denominated bond issued outside India during the period from 17th September, 2018 to 31st March, 2019 shall be exempt from tax.
CA Maneet Pal, Partner, I.P. Pasricha & Co
CA Deepak Suneja, Senior Manager, I.P. Pasricha & Co
BRIGHT LINE TEST: CONTROVERSY AROUND
Bright Line test is used by the revenue authorities to benchmark the advertisement and brand promotion expenses (AMP expenses) incurred by an enterprise in India on the r...
Mohanish Verma, IRS, Visiting Researcher, Georgetown University, Washington DC (2018)
Taxation, Transfer Pricing and Digitalization
The article highlights the importance of seeking a fresh look at the issues of transfer pricing. The challenges in the area of taxing the digital transactions both in the...
Start using Direct Tax Online® today
Cloud Based Practice Management Software for Chartered Accountants
For over 40 years, Wolters Kluwer, CCH iFirm cloud based office management software has been helping chartered accountants.
CCH iFirm brings you, next generation, sharp and efficient practice management that is designed around jobs, workflow and resourcing.
B. PURUSHOTTAM & Co.
V. N. PUROHIT & CO.
Learn why hundreds of tax professionals use Direct Tax Online every day