RANGA SRINIVAS
@caksranga active 9 months, 1 week ago-
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RANGA SRINIVAS posted an update in the group
International Tax 1 year, 5 months agoGains arising on sale of shares of foreign company by NR to NR taxable in India if the foreign co only held Indian assets
Two French companies named “Murieux Alliance” (‘MA’) and “Groupe Industrial Marcel Dassault” (“GIMD”) held shares in another French company named “ShanH”. MA & GIMD acquired shares in an Indian company named “Shantha…[Read more]
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International Tax 1 year, 5 months ago -
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RANGA SRINIVAS posted an update: 1 year, 9 months ago
Hi,
The assessee, engaged in manufacture of tooth paste etc paid Rs 11,71,826 as “accreditation panel fees” to British Dental Health Foundation UK without deduction of tax at source. The AO disallowed the sum u/s 40(a)(i) on the ground that the sum was taxable as “royalty” and tax had not been deducted at source u/s 195(1). The CIT(A) deleted the…[Read more] -
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RANGA SRINIVAS became a registered member 1 year, 9 months ago



Good judgement, I feel. What is your view?
I am the author of this order i.e.AO who passed the order.
Wow, Really! Congratulations! Well done.
Well what do you feel now? After Vodafone? Share your views as you are the author of the order and have done a lot of hard work.