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Managerial services from a UK Company to an Indian Company cannot be treated as “fees for technical services”

Managerial services from a UK Company to an Indian Company cannot be assessed as “fees for technical services”

It has recently been held in the case filed by Cummins Limited, 49-51, Gresham Road, Staines, Middlesex, TW18 2BD, United Kingdom being A.A.R. No1152 of 2011 that Managerial services provided by a UK Company to an Indian Company cannot be assessed as “fees for technical services” under Article 13 of the India-UK tax agreement if it does not involve any ... Read More »

Is Scrutiny assessment a source of harassment for the assessees?

Is Scrutiny assessment a source of harassment for the assessees?

Every taxpayer has to file the details of his income before the Income tax Department. The details should be furnished by filing his return. After the return of income is filed, the next step is the processing of the return by the Income Tax Department. The Income Tax Department checks the return for its correctness. The process of examining the ... Read More »

The Essentials of Search and Seizure

The Essentials of Search and Seizure

A search is conducted by the Income Tax department for the purpose of securing evidence that may not be possible to obtain by issue of summons. The Income Tax authorities take up the job of search and seizure when there is proof of undisclosed documents or assets which have not been disclosed in the ordinary ways. Objectives of search and ... Read More »