Google Ireland not to pay tax on ₹8,600 crore received from Google India, rules ITAT

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled.The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14 to...

Google Ireland exempted from tax on ₹8,600 crore received from India unit

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled. The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14...

Google Ireland exempted from tax on ₹8,600 crore received from India unit

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled.The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14 to...

Mauritian firm holding TRC entitled to treaty benefits, says ITAT

[ad_1] Capital gains on transfer of shares acquired prior to April 1, 2017, are not taxable under Double Taxation Avoidance Agreement (DTAA) between India and Mauritius due to ‘grandfathering provisions’, Delhi Bench of Income Tax Appellate Tribunal (ITAT) said.Also read:ESPN...

Income Tax tribunal dismisses Congress’ plea to stay action against its bank accounts

[ad_1] The Income Tax Appellate Tribunal on Friday dismissed the Congress’ plea to stay the Income Tax Department’s proceedings of freezing the party’s bank accounts in connection with a dispute pertaining to a tax demand, ANI reported.Senior advocate Vivek Tankha,...