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![Computation of Income u/s 44BBB on bonafide belief that Assessee does not have PE in India: ITAT deletes Penalty against Lahmeyer Holding GambH [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Computation-of-Income-bonafide-Assessee-PE-in-India-ITAT-deletes-Penalty-Lahmeyer-Holding-GambH-Taxscan.jpeg "Computation of Income u/s 44BBB on bonafide belief that Assessee does not have PE in India: ITAT deletes Penalty against Lahmeyer Holding GambH [Read Order]")
Computation of Income u/s 44BBB on bonafide belief that Assessee does not have PE in India: ITAT deletes Penalty against Lahmeyer Holding GambH [Read Order]
In a major relief to Lahmeyer Holding GambH, the ITAT, Delhi bench has held that the penalty cannot be levied based on the fact that the assessee...
![Consideration given for accessing Database of the Assessee cannot be treated as Royalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Consideration-Assesse-Royalty-ITAT-taxscan.jpeg "Consideration given for accessing Database of the Assessee cannot be treated as Royalty: ITAT [Read Order]")
![Royalty from Operator Agreement not chargeable to Income Tax under Indo-US Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/Operator-agreement-income-tax-ITAT-Tax-treaty-indo-US-taxscan.jpg "Royalty from Operator Agreement not chargeable to Income Tax under Indo-US Tax Treaty: ITAT [Read Order]")
![Consideration received on Bandwidth Services provided outside India is not taxable as ‘Royalty’ under India-Singapore Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Consideration-Bandwidth-services-taxable-Royalty-India-Singapore-Tax-Treaty-ITAT-Taxscan.jpeg "Consideration received on Bandwidth Services provided outside India is not taxable as ‘Royalty’ under India-Singapore Tax Treaty: ITAT [Read Order]")
Cabinet nod on signing of Multilateral Convention to Implement Tax Treaty to Prevent Base Erosion and Profit Shifting by India
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit...
