Income Tax Act

Google Eire exempted from tax on ₹8,600 crore acquired from India unit

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Google Eire (GIL) is not going to need to pay tax on over ₹8,600 crore acquired from Google India (GIPL), the Revenue Tax Appellate Tribunal (ITAT) has dominated. The cost was made throughout fiscal yr 2012-13 to 2015-16 (evaluation Yr 2013-14 to 2016-17) beneath the Google Reseller Agreements in direction of advertising and marketing & … Read more

Delhi HC upholds TDS on exterior improvement prices

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The Delhi Excessive Court docket on Tuesday upheld Tax Deducted at Supply (TDS) on Exterior Improvement Costs (EDC) in an actual property mission. Which means house consumers should bear the burden of TDS. A division Bench of Delhi Excessive Court docket Comprising Justices Yashwant Varma and Purushaindra Kumar Kaurav upheld that Part 194C is relevant … Read more