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Recently, in the case of Texas Instruments (India) Pvt Ltd[1], the Authority for Advance Rulings (AAR) held that salary paid in India to a non-resident employee deputed overseas would not be taxable in India.

Covid-19 has created mayhem everywhere and India is no exception. The Indian Government has started implementing various measures to protect the lives of its citizens from this outbreak.

The Ministry of Finance, Government of India, has issued a Press Release on 10 May 2016 that marks a watershed moment in India's quest with tax avoidance and the ‘substance over form' debate.

Corporate transactions and their related intricacies have always been a subject of frequent discussions in the corporate world.

One of the most common questions in an international transaction is the tax liability of the non-resident on the income proposed to be generated in India on provision of managerial, technical or consultancy services in India.

India and Hong Kong have recently signed a long awaited tax treaty which will significantly impact MNCs, funds and entrepreneurs with respect to investments and transactions between the two countries.

Just as we gear up to the ‘transformational’ Budget 2015 as promised by the Modi Government, we bring to you a crisp summary of how private equity ("PE") performed in 2014, what were the lessons learnt and what lies ahead.

Per the extant India-Mauritius tax treaty ("Tax Treaty"), capital gains on sale of Indian company shares (acquired prior to 1 April 2017) and sale of derivatives...

The Delhi High Court (Delhi HC) has very recently held in the case of Zaheer Mauritius vs. Director of Income-tax (International Taxation) –II [(2014) 47 taxmann.com 247 (Delhi)]...

In a recent case, the Bombay High Court in a brief order confirmed the view of the Mumbai Tribunal that the reimbursement of salary paid under a secondment arrangement does not attract...

When deferred consideration for transfer of a capital asset is contingent on one or more uncertain events, such deferred payment is not taxable in the year of transfer if it has not accrued to / been received by the transferor in that year.

As discussed in our previous update, India and Mauritius have signed a protocol amending the India-Mauritius tax treaty.

With COVID-19 declared as a pandemic by WHO, major economies have ordered shutdowns across the globe.

The Supreme Court of India ruled against Tiger Global's Mauritius-based entities, holding that capital gains from exit from Flipkart shares are taxable.

Section 28(iv) of the Income-tax Act, 1961 (the Act) was introduced in the Finance Act, 1964 to tax the value of any benefit or perquisite, whether convertible into money or not...

CBDT notifies Cyprus as a non-cooperative jurisdiction for failure to provide information.

The Indian domestic tax laws in relation to taxation of dividend income were amended by the Finance Act of 2020 restoring taxability of dividend income distributed by companies to the classical...