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

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

Mauritian agency holding TRC entitled to treaty advantages, says ITAT

Capital good points on switch of shares acquired previous to April 1, 2017, aren’t taxable below Double Taxation Avoidance Settlement (DTAA) between India and Mauritius attributable to ‘grandfathering provisions’, Delhi Bench of Revenue Tax Appellate Tribunal (ITAT) stated. Additionally learn:ESPN Mauritius has no everlasting institution in India: Delhi HC “On general consideration of info and … Read more