Arms Length Pricing

Quotations Can Be Comparables for Arms Length Pricing Determination!

Selection of comparables is one of the most contentious issue between the taxpayer and the Transfer Pricing Officer (TPO) . This post is restricted...
Specified Domestic Transaction

Why Some Assessees May Not Be Under Transfer Pricing Provisions Despite Having Related...

The transfer pricing provisions under Income Tax Act cover within its fold even domestic transactions from the assessment year 2013-14 onwards. So if the...
singapore dtaa

India Withdraws Capital Gain Exemption Allowed to Singapore Residents !

Are you thinking that there is some error in the headline ? or Maybe thinking that the title of the article should have been "India withdraws...
salary taxation

Salary Earned Abroad Not Taxable in India Even if Received in India !

For quite long time , the tax department was confused about the taxation of salary of non-resident Indians who went abroad either to join...
FATCA

FATCA – What is it and Who in India Required to File Form 61B...

The new information exchange regime - FATCA or Foreign Account Tax Compliance Act - which is almost exclusively for the benefit of Uncle SAM...

How to Find if You Are Tax Resident Alien or Non Resident Alien Under...

Most important and fundamental step for knowing tax effect under USA tax regime regulated by IRS under Internal Revenue Code is to determine tax residency...
DTAA

Claim Credit for State Tax Paid Even if DTAA Applies to Only Federal...

Like in India , there are taxes paid in States in USA and there are taxes paid to USA government under Federal Tax law...
tax resdency

How to Know if You Are Tax Resident under US Tax Laws ?

Whether a  person is tax resident of United States of America is the first thing one will have to to find out in order to...

CBDT Halts Assessment & Recovery u/s 115JB of FIIs & FPIs Cases Immediately

The government has acted fast , maybe , to bolster the falling stock market and prop the sentiment among the Financial Institutional Investors (FIIs)...
closer connection

Closer Connection Rule of Tax Residency Under US Tax Law Simplified !

If you are a foreign citizen , but has passed the substantial presence test which makes you resident alien for tax purposes and affects...

Connect

1,982FollowersFollow
5,363FollowersFollow
1,139SubscribersSubscribe

Would you like to install our new app ?