B.Com, FCA & Partner, Manohar Chowdhry & Associates

International Taxation

Wipro Ltd. v. DCIT

Facts of the case:

This case law is the Karnataka High Court judgment pronounced on 25th March, 2015, which covers elaborately many domestic and international tax issues. In our discussion, we shall be limiting the analysis toasignificant international tax matter covered by this case law.

Continue reading
1495 Hits
0 Comments

Royalties and Fees for Technical Services

Introduction

1.1

Fig. 1.1

Starting of a Chapter with a diagram is unorthodox. However, we are living in times of massive disruption where traditional businesses have been turned on their heads by young nimble start-ups leveraging technology. In Figure 1.1we can see how relatively new Start- Ups have gained massive Billion Dollar valuation within a short span of time gaining the popular adjective of unicorns, the mythical Norse character.

Continue reading
6992 Hits
0 Comments

Budget 2016 Heralds a Concessional Tax Regime for Income from Patents

Introduction

On 29th February the Finance Minister in the Budget speech said, “Research is the driver of innovation and innovation provides a thrust to economic growth. I propose a special patent regime with 10% rate of tax on income from worldwide exploitation of patents developed and registered in India.”

Continue reading
2000 Hits
0 Comments

3D Printed Kidney & International Taxation

Introduction

It is a common lament among the tech savvy that laws do not keep pace with the rapid rate of innovation we are experiencing currently. Practicing in Bangalore popularly known as the Silicon Valley of India, I have come across new technologies such as 3-D Printing, IoT, etc. which makes me wonder as to the laws required to regulate the same. By the time you are reading this article the budget would have just been announced and it will be hard for me draw your attention away from the budget material. However, I will make an attempt to do the near impossible by discussing a futuristic scenario from the perspective of International Taxation.

Continue reading
894 Hits
0 Comments

Logo 11

Copyright © Manohar Chowdhry & Associates. All Rights Reserved. Designed by IntelliSmart Softech Pvt. Ltd. 
Compliance    |    Privacy Policy    |    Legal Disclaimer

Login