ITAT Bangalore held that addition under section 28(iv) of the Income Tax Act for receiving ... and interpretation of provisions of DTAA. Therefore, we dismiss the argument of the ld. AR that it is low ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

What information do I need to use the income tax calculator? You typically need details such as your annual income, filing status, deductions, and credits. The more accurate the information ...

The Revenue maintained that the employer-employee relationship between the seconded employees and Walmart Inc. continued, making the payments taxable under Section 195. However, Flipkart argued that ...

Consultancy fees received by a non-resident Indian from an Indian entity are typically subject to tax under the Income Tax Act ... Taxation Avoidance Agreement (DTAA). Also read: How can Indians ...

As a result, you will be classified as a resident under the Income Tax Act, 1961 ... under the double taxation avoidance agreements (DTAA), where applicable, for foreign income deemed to accrue ...

For a salaried-class individual, the income up to Rs 12.75 lakh is tax-free. But even if they have an annual income of Rs 15.60 lakh, they can make it tax-free provided they take the benefit of ...

Section 60 to 64 of the Income Tax Act, 1961, contain various provisions relating to clubbing of income. (Image: Freepik) A person is normally taxed in respect of income earned by him only.

However, experts say that the authorities can still oppose DTAA benefits to taxpayers (companies) involving “grandfathered investments”, which they feel are of genuine tax abuse, by using ...

the latest clarification does not introduce any new legal interpretation but “reaffirms that the circular applies only to the PPT without affecting other provisions of the Income-tax Act.” ...