Articles by CA Rohit Gupta

International Tax - Case Law Analysis-2015: Series 1

Posted by CA Rohit Gupta 23 March 2015 12969 Views

International Tax Update: IndiaForeign Remittance: TDS u/s 195: Case Law Analysis 2015: Series 1Some of the important case laws published during 2015 pertaining to TDS u/s 195 and/or taxability of foreign companies/non-resident entities in respect of

Interest income from India - Foreign Remittance - Taxation

Posted by CA Rohit Gupta 16 March 2015 22901 Views

International Tax UpdateInterest Income from India- Foreign Remittance- TDS u/s 195 A. Taxation as per Domestic Law:A.1. Definition of Interest2(28A) "interest" means interest payable in any manner in respect of any moneys borrowed or debt

Place of effective management: Critical analysis

Posted by CA Rohit Gupta 07 March 2015 12897 Views

PLACE Of EFFECTIVE MANAGEMENT : Corporate Tax Residence in India: Analysis and Safeguards The India Budget,2015 has proposed the amendment of Section 6 of the Income Tax Act which alters the conditions under which a company is resident in India by in

International Tax Update: Budget 2015

Posted by CA Rohit Gupta 01 March 2015 9117 Views

Budget 2015 introduced in India on 28.02.2015 has made significant changes as far as international taxation are concerned. Major ones include:- Reduction in rate of tax on non-residents for royalties/fees for tec

TDS u/s 195: Reimbursement of Expenses

Posted by CA Rohit Gupta 27 February 2015 182935 Views

Taxability of Reimbursement of expenses has always been a contentious issue. In most of the cases, assessee get away with non-taxability of reimbursement of expenses on the plea of no profit element. However, in some cases, even without profit elemen

TDS U/S 195- Reimbursement of salary of seconded employees

Posted by CA Rohit Gupta 26 February 2015 21527 Views

Secondment of employees by foreign parent company to Indian subsidiary is a regular feature considering the requirements to meet their global standards of quality and to ensure proper functioning and assistance to Indian Subsidary Companies. However,

TDS u/s 195- Interesting Cases

Posted by CA Rohit Gupta 07 February 2015 37418 Views

Peculiar Cases where Courts held Assessee Liable for Deduction of TDS u/s 195Withholding taxes u/s 195 in respect of transactions with Non-Residents has always been a bone of contention between Assessee and tax authorities. Though liability for deduc

Service tax on representation services by CA

Posted by CA Rohit Gupta 16 May 2011 26516 Views

Finance Act, 2011 made the services rendered by legal firms taxable. And with this also rescinded the notification no. 25/2006 vide notification no. 32/2011 which exempted the representation services provided by CAs and CS to their clients. The noti