Tax and Law updates

Works Contract under Karnataka Vat Act

Vessels in Mumbai High Seas... Held as Permanent Establishment

Vessels operating in Mumbai High Seas for oil exploration, constitute a Permanent Establishment... Decision by AAR

Salary paid in India to employees deputed abroad is not taxable in India

In a recent case decided by AAR, it has been held that salaries paid in India by the Indian employer to employees deputed abroad is not taxable in India

DTAA and PAN requirements

The tax rate of 10% as provided by DTAA shall be applicable even if the non resident payee does not have a PAN in India.

Permanent establishment case law