M Padmakshan

  • Salary paid to hired foreign staff is taxable here

    Salary paid to hired foreign staff is taxable here

    From now, Indian companies hiring employees from foreign companies have to pay tax on the compensation paid to the foreign entity, following a ruling by the Authority for Advance Ruling (AAR), in the case of AT&S India.

    ITAT breather for Kotak Primus in mainframe case

    ITAT breather for Kotak Primus in mainframe case

    Kotak Mahindra Primus, a car financing company in India, is spared from having to pay withholding tax in India on the maintenance charges it paid for accessing a mainframe computer of an associate entity in Australia.

    New ITAT bench to untangle MNC transfer price muddles

    New ITAT bench to untangle MNC transfer price muddles

    Multinational companies, currently confused over the contradicting transfer pricing regime in India, will get a special bench from the Income Tax Appellate Tribunal (ITAT) for clearing issues on cross-border transactions.

    From Italy to India, Grappa stays high

    From Italy to India, Grappa stays high

    Grappa, Northern Italy’s favourite spirit that is said to have sedated generations of Italians from the pain of poverty, is the latest in the line of new brews that have made a mark on the Indian wine & spirits map.

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