![Amount of TDS can be reduced while calculating advance tax and Interest u/s 234B of Income Tax Act cannot be levied: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Amount-of-TDS-advance-tax-Interest-Income-Tax-Act-ITAT-taxscan.jpg "Amount of TDS can be reduced while calculating advance tax and Interest u/s 234B of Income Tax Act cannot be levied: ITAT [Read Order]")
Amount of TDS can be reduced while calculating advance tax and Interest u/s 234B of Income Tax Act cannot be levied: ITAT [Read Order]
In a recent decision the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that the amount of Tax Deducted at Source ( TDS ) can be...
![Bona Fide Banking Business in Mauritius Exempt from Income Tax in India: Bombay HC grants Relief to HSBC Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Bombay-HC-Bombay-High-Court-HSBC-Bank-HSBC-Bank-tax-exemption-Bombay-High-Court-HSBC-ruling-Taxscan.webp "Bona Fide Banking Business in Mauritius Exempt from Income Tax in India: Bombay HC grants Relief to HSBC Bank [Read Order]")
![Amount Received as per Article 12(3) of India-USA DTAA, not Royalty u/s 9(1) (vi) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Amount-received-Article-123-of-India-USA-DTAA-Royalty-91-vi-Income-Tax-Act-ITAT-TAXSCAN.jpg "Amount Received as per Article 12(3) of India-USA DTAA, not Royalty u/s 9(1) (vi) of Income Tax Act: ITAT [Read Order]")
![Salary received for services rendered outside India not taxable in India under Article 15 (1) of India-Korea DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-delhi-Double-Taxation-Avoidance-Agreement-International-taxation-and-India-Korea-DTAA-India-Korea-DTAA-Taxscan-1.jpg "Salary received for services rendered outside India not taxable in India under Article 15 (1) of India-Korea DTAA: ITAT [Read Order]")
![Supreme Court Stays Delhi HCs Ruling on Capital Gains Tax Exemption under Income Tax for Blackstone [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/01/Supreme-Court-decision-Blackstone-case-Supreme-Court-stay-order-Income-Tax-Act-Blackstone-case-Blackstone-Capital-Taxscan.jpg "Supreme Court Stays Delhi HCs Ruling on Capital Gains Tax Exemption under Income Tax for Blackstone [Read Judgement]")
Taxability and Capital Gains nature of Compulsorily Convertible Debentures under India-Mauritius DTAA: Delhi HC disposes Appeal pending Supreme Court decision [Read Order]
In a significant case, the Delhi High Court while observing the taxability and capital gains nature of compulsorily convertible debentures under India- Mauritius Double Taxation Avoidance Agreement...
Taxability of Data Processing Fees paid by assessee to its overseas branch cannot treated as FTS as per India-France DTAA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench held that taxability of date processing fees paid by assessee to its overseas branch could not be treated as Fees for Technical Services...
![Taxability of Data Processing Fees paid by assessee to its overseas branch cannot treated as FTS as per India-France DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Taxability-of-Data-Processing-Fees-assessee-to-its-overseas-branch-treated-as-FTS-as-per-India-France-DTAA-ITAT-TAXSCAN.jpg "Taxability of Data Processing Fees paid by assessee to its overseas branch cannot treated as FTS as per India-France DTAA: ITAT [Read Order]")
Receipts from Provision of Disaster Recovery Up-Linking Services and Disaster Recovery Play-Out Services are not FTS under India-Singapore DTAA: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that receipts from provision of Disaster Recovery Up-Linking Services and disaster recovery play-out services are not Fee for Technical...
![Receipts from Provision of Disaster Recovery Up-Linking Services and Disaster Recovery Play-Out Services are not FTS under India-Singapore DTAA: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Receipts-Receipts-from-Provision-of-Disaster-Recovery-Up-Linking-Services-Disaster-Recovery-Play-Out-Services-India-Singapore-DTAA-DTAA-ITAT-deletes-Addition-ITAT-Taxscan.jpg "Receipts from Provision of Disaster Recovery Up-Linking Services and Disaster Recovery Play-Out Services are not FTS under India-Singapore DTAA: ITAT deletes Addition [Read Order]")
Subscription Amount Received from Subscribers of E-Journals Cannot be Treated as Royalty: Delhi HC [Read Order]
In a significant case, the Delhi High Court has held that the subscription amount received from subscribers of e-journals cannot be treated as royalty. The revenue challenged the order passed by...
![Subscription Amount Received from Subscribers of E-Journals Cannot be Treated as Royalty: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Subscription-Amount-Received-from-Subscribers-Subscribers-of-E-Journals-Subscription-Amount-E-Journals-Treated-as-Royalty-Delhi-High-Court-Taxscan.jpg "Subscription Amount Received from Subscribers of E-Journals Cannot be Treated as Royalty: Delhi HC [Read Order]")
Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the additional income tax on dividends paid by domestic companies to non-resident shareholders should be at rate prescribed...
![Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Additional-Income-Tax-on-Dividend-paid-by-Domestic-Company-to-Shareholders-shall-be-at-Rate-Prescribed-DTAA-ITAT-TAXSCAN.jpg "Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]")
Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the additional income tax on dividends paid by domestic companies to non-resident shareholders should be at rate prescribed...
![Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/additional-income-tax-Dividend-domestic-company-non-resident-shareholders-income-tax-income-tax-taxscan.jpg "Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]")