Category: Tax
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Analysing the Most-Favoured-Nation clause under Tax Treaty: Is India’s Divergent View Correct?
In Concentrix Services Netherlands B.V. v. Income Tax Officer (TDS) and ANR. (“Concentrix Services”) (22 April, 2018), the High Court of Delhi (“Court”), decided an issue over the most-favoured-nation (“MFN”) clause in the protocol of the Double Taxation Avoidance Agreement (“DTAA”) in which the court using the principle of common interpretation (“principle”) relied upon a…
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The Central Goods and Services Tax Act, 2017 – An analysis
Goods and Services Tax Tax is the financial charge imposed by the Government on income, commodity, or activity. As we know, there are two types of tax – Direct tax, and Indirect tax. A direct tax is one where the burden of the tax is directly on the payer e.g., income tax, wealth tax etc.…
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Taxation in India: A brief introduction
This article has been written by Anand Sahu. Anand is currently a CA IPCC student. A Tax is a compulsory contribution from a person to the expense incurred by the state in common interest of all without reference to any specific benefit conferred on any individual. It is the most important revenue of the Government. It almost…
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GST: All you need to know!
This article has been written by Ishaan Garg. Ishaan is a first-year law student at Vivekananda Institute of Professional Studies, GGSIP University, Delhi. An empowered committee was set up by Atal Bihari Vajpayee government in 2000 to streamline the GST model. It was to develop and reform the backend infrastructure which was essential for the implementation…
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