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Indian Tribunal turns 75
It’s a matter of pride for local bars to witness India’s oldest tribunal ITAT commemorating its platinum jubilee with line up of a galaxy of speakers including President Mukherjee as the guest of honour, FM Jaitley...
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Tax residency of companies
Source: Business Standard The Finance Act, 2015, has introduced a new concept for determining scope of taxation for foreign companies in India. Until the change, a foreign company was considered as a tax resident if its entire...
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Place of Effective Management (POEM)
Finance Bill 2015 proposal to introduce the concept of POEM shall materially alter conditions for determining the residency of foreign incorporated companies. This in turn will directly impact income attribution principles and...
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