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Buying property in Australia? Here are income tax compliance you should know before you purchase

Section 194IA requires a buyer to deduct 1% tax if buying property from a resident exceeding ₹50 lakh. Section 195 applies if the seller is a non-resident. Different tax rates apply based on long-term or short-term capital gains. TAN is required for non-resident transactions but not for residents

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Bombay Mercantile Cooperative Bank Ltd ... vs M/S U.P Gun House on 22 January, 2024

Bombay Mercantile Cooperative Bank Ltd ... vs M/S U.P Gun House on 22 January, 2024
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BGMEA calls on the government to retain 0.5% tax at source for exports

BGMEA calls on the government to retain 0.5% tax at source for exports

Mannan kochiBgmeaGarment exportAngladesh fy2022 2023 budgetFinance minister ahm mustafa kamalTax at sourceRaiseEtainNchanged

SC rules in taxpayers' favour in software royalty case; ends two-decade old dispute

Cross-border payment for software not royalty, SC ends two-decade old tax dispute SC says there is no obligation on a person to deduct tax at source, as the end-user licence agreements in these cases do not create any interest or right in such end-users, which would amount to the use of or right to use any copyright Dipak Mondal | March 3, 2021 | Updated 13:35 IST Tax experts hailed the SC order, saying the judgment would have a far-reaching impact The Supreme Court has put an end to an over two-decade-old software royalty tax dispute after it ruled that cross-border payments made for the sale of software to a non-resident are not to be taxed as royalty .

KarnatakaIndiaDelhiVishal malhotraRakesh nangiaSupreme courtEricssonSamsung electronicsKarnataka high courtDelhi high courtNational tax leaderDouble taxation avoidance agreementNangia andersen indiaSupreme court order on software royalty taxSoftware royalty tax disputeTax at source