Tax Scan

Section 249(4)(b) of Income Tax Act Inapplicable when Advance Tax not Payable: ITAT [Read Order]

https://www.taxscan.in/top-stories/section-2494b-of-income-tax-act-inapplicable-when-advance-tax-not-payable-itat-1447132?utm_source=facebooksm&utm_medium=txn&utm_campaign=june8incometax

Section 249(4)(b) of Income Tax Act Inapplicable when Advance Tax not Payable: ITAT Section 249(4)(b) of the Income Tax Act, 1961 does not bar an appeal where the assessee claims that the receipts are exempt and no advance tax liability arises, setting aside the CIT(A)’s dismissal of...

FTS not Taxable under Residual Article 22 of India-Thailand DTAA: ITAT [Read Order]

https://www.taxscan.in/top-stories/fts-not-taxable-under-residual-article-22-of-india-thailand-dtaa-itat-1447129?utm_source=facebooksm&utm_medium=txn&utm_campaign=june8fts

FTS not Taxable under Residual Article 22 of India-Thailand DTAA: ITAT Fee for Technical Services (FTS) received by a Thai tax resident cannot be taxed under the residuary “Other Income” Article 22 of the India–Thailand DTAA merely because the treaty does not contain a...