Wednesday, February 3, 2010

Service Tax

Propriety of revenue’s instruction to its officers demanding service tax on renting of immovable property against High Court’s ruling [Del.] source:
IT: Payment received by applicant from third party re-sellers on a/c of software products supplies to end-customers does not result in royalty income [AAR]

Income Tax

Taxability in one of Contracting States is not a sine qua non to avail Indo-UAE Tax treaty benefits in other Contracting State [ITAT-Mum.]