Judge directs counsel to obtain necessary instructions by Feb. 18
The Dravida Munnetra Kazhagam (DMK) and the DMK Charitable Trust have moved the Madras High Court challenging orders passed by the Commissioner of Income Tax (Exemptions) to transfer their files from one Assessment Officer to another, who has been investigating the 2019 search and seizures with respect to the party’s general secretary Duraimurugan and others.
Justice Anita Sumanth directed senior standing counsel Hema Muralikrishnan, A.P. Srinivas and A.N.R. Jeyaprathap to take notice on behalf of the I-T officials and obtain necessary instructions by February 18.
The judge gave a short adjournment since senior counsel P. Wilson, representing the petitioner, insisted upon staying the operation of the Commissioner’s order.
By
Mariya Paliwala - On January 31, 2021 4:49 pm
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the dependent agent permanent establishment (DAPE) is wholly tax-neutral if the Agent paid remuneration on Arm’s Length Price (ALP).
The assessee, Asia Today Limited is a foreign telecasting company incorporated in Mauritius and having a tax residency certificate of Mauritius. It sells advertising time and collects subscription revenues through its Indian affiliates Zee Telefilms Limited and El Zee, but its claim was that since it does not have any permanent establishment in India, no part of its income was taxable in India.
MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES
It is the policy of my Administration to make evidence-based decisions guided by the best available science and data. Scientific and technological information, data, and evidence are central to the development and iterative improvement of sound policies, and to the delivery of equitable programs, across every area of government. Scientific findings should never be distorted or influenced by political considerations. When scientific or technological information is considered in policy decisions, it should be subjected to well-established scientific processes, including peer review where feasible and appropriate, with appropriate protections for privacy. Improper political interference in the work of Federal scientists or other scientists who support the work of the Federal Government and in the communication of scientific facts undermines the welfare of the Nation, contributes to systemic inequities and injustice
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