Sedco Forex International Inc. through it’s Constituted Attorney Mr. Navin Sarda Vs. Commissioner of Income Tax, Meerut & ANR[SC 2017]

Keywords:-Non-resident assessees-Mobilization fee Section 44BB has to be read in conjunction with Sections 5 and 9 of the Act and Sections 5 and 9 of the Act cannot be read in isolation. The aforesaid amount paid to the assessees as…

Direct Tax Made easy

Direct Tax Laws Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015 Central Duties of Exercise (Retrospective Exemption) Act, 1986 Direct Tax Laws (Miscellaneous) Repeal Act, 2000 Expenditure Tax Act,1987 Finance Act,2013 Income Tax Act,1961 Interest Tax…

Assistant Director of Income Tax-I, New Delhi Vs. M/s. E-Funds IT Solution Inc[ SC 2017]

KEYWORDS:-  The Organisation for Economic Co-operation and Development (OECD)-Mutual Agreement Procedures (MAP) Assistant Director of Income Tax-I, New Delhi Vs. M/s. E-Funds IT Solution Inc. [Civil Appeal No. 6082 of 2015] [Civil Appeal No. 2962 of 2016] [Civil Appeal No. 6087 of 2015] [Civil…

Commissioner of Agricultural Income-tax, West Bengal Versus Keshab Chandra Mandal[SC 1950]

AIR 1950 SC 265 : (1950) SCR 435 : (1950) 18 ITR SC 569 (SUPREME COURT OF INDIA) Commissioner of Agricultural Income-tax, West Bengal Appellant Versus Keshab Chandra Mandal Respondent (Before : Saiyid Fazl Ali, M. Patanjali Sastri, Mehr Chand…