by admin | Nov 23, 2022 | International and Domestic Tax Advisory
In a globalised world, a free, open economy is crucial to maintaining a robust national economy; it should be no surprise that globalisation has changed how international law firms and tax lawyers approach tax planning. As such cases are presented before high courts,...
by admin | Feb 24, 2022 | International and Domestic Tax Advisory
The Central Board of Direct Taxes issued a clarificatory circular on 03.02.2022 pursuant to receipt of representations for clarity as regards application of MFN clauses available in the protocol to some of the DTAAs with OECD members. It sought to clarify as to...
by admin | Jan 17, 2022 | International and Domestic Tax Advisory
Things To Keep In Mind While Drafting A Commercial Contract A commercial contract is an agreement between two or more parties. Commercial contract drafting can be written and signed by them or it can be oral and unwritten, but in most cases, businesses have to have a...
by admin | Jan 11, 2022 | International and Domestic Tax Advisory
Tax planning plays a pivotal role in any given business. It is to be done in such a manner that you pay the least possible tax that’s required from you. International tax planninghas to be the top level at which you have to plan your taxes. The need for an...
by admin | Jan 3, 2022 | International and Domestic Tax Advisory
In terms of modified instruction No. 1914 dated 21.03.1996 issued by CBDT, payment required to be made by the assessee as a precondition for a stay of demand disputed before CIT(A) is 20%. Many confuse this to be a precondition of absolute nature for obtaining stay...
by admin | Dec 29, 2021 | International and Domestic Tax Advisory
The concept of MAT has been introduced by way of the Finance Act, 1987 under Section 115JB of the Income Tax Act, 1961 to target mainly those companies who avoid their tax liability by way of claiming the exemptions and deductions available under the Income Tax Act,...
