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Dividend received by company having Permanent Establishment in Oman is not taxable in India

Supreme Court held that dividend received by the Indian company having permanent establishment in Oman is not taxable in India in terms of Article 25 read with Article 8 (bis) of the Omani Tax Laws

Ministry of financeSultanate of omanShri arijit prasadArvindp dattarOman oil companySupreme courtCompany income tax law of omanMinistry of agricultureMuscat to oman oil companyDelhi high courtCompany income tax lawKrishak bharati cooperativeHigh courtOmani finance ministryOman fertilizer companyDepartment of fertilizers

Pr Commissioner Of Income Tax 10 vs M/S Krishak Bharti Cooperative on 15 September, 2023

Pr Commissioner Of Income Tax 10 vs M/S Krishak Bharti Cooperative on 15 September, 2023
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Ministry of financeSultanate of omanShri arijit prasadArvindp dattarPrashant kumar mishraDepartment of fertilizersSupreme courtMinistry of agricultureOman fertilizer companyCompany income tax law of omanQuery alert serviceOmani finance ministryOman oil companyCompany income tax lawDelhi high courtHigh court

Karnataka High Court Half Yearly Digest: January To June 2023

Nominal Index [Citations 1 - 247]Priyanaka R Patil v. Kendriya Sainik Board. 2023 LiveLaw (Kar) 1Ankit Kumar & others v. State of Karnataka & Others. 2023 LiveLaw (Kar) 2M/S. Provident Housing Limited.

United statesSaudi arabiaState of karnatakaNandi hillsUnited arab emiratesWest bengalIndia generalAnkit kumarJusticem nagaprasannaPs dinesh kumarDivya ganesh nallurJusticejm khaziCauvery neeravari nigamJusticek somashekharJayamma nagammaAithappa naika

Capital Gains Can t Be Added As Unexplained Cash Credit For Sale Of Penny Stock: Bombay High Court

The Bombay High Court held that capital gains cannot be added as unexplained cash credit for the sale of penny stock.The bench of Justice K.R. Shriram and Justice Firdosh P. Pooniwalla has observed.

West bengalIndravadan jainJustice firdoshp pooniwallaJusticekr shriramBasant periwal coRamkrishna fincap ltdKolkata stock exchangeBombay high courtJustice firdoshRamkrishna fincapIncome taxBasant periwalKolkata stockIncome tax appealCapital gainsNexplained cash

Consideration Received By Colgate Palmolive Malaysia From It s Indian Entity For Providing Access To SAP System Is Not Royalty, not taxable : Bombay High Court

The Bombay High Court has held that consideration received by assessee Colgate Palmolive s Malaysian arm from its Indian entity for providing access to System Analysis Program Development (SAP) system.

Justice firdoshp pooniwallaJusticek rshriramSystem analysis program developmentBombay high courtColgate palmolive india limitedColgate palmoliveJustice firdoshColgate palmolive marketingFinancial yearIncome taxIncome tax actAssessment yearIncome tax versusIncome tax appeal