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RANGA SRINIVAS

@caksranga active 9 months, 1 week 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 […] View
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    RANGA SRINIVAS posted an update in the group Group logoInternational Tax 1 year, 5 months ago

    Gains 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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      taxaholic replied 1 year, 5 months ago

      Good judgement, I feel. What is your view?

    • Profile picture of RANGA SRINIVAS
      K Ranga Rao replied 1 year, 5 months ago

      I am the author of this order i.e.AO who passed the order.

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        taxaholic replied 1 year, 4 months ago

        Wow, Really! Congratulations! Well done.

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          taxaholic replied 1 year, 3 months ago

          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.

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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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