X co. have taken a land from govt for 100 years and now wants to sublease the same to another party for balance period for a one time lump sum consideration , say 99 yrs. Whether the transaction can be considered as deemed sale or sub lease? Whether the sale proceeds will be treated as
Whether withholding tax is required to be deducted on import payment to non resident, who have permanent establishment in India? If required than what will be the rate of deduction
Dear Mr. Choudhary Your article on taxation impact of derivative transactions throw extensive light on some grey areas and debatable opinions. Can you further clarify the following:- > What are the exception to explanation of sec 73? If a company business is of trading in share of other companies, will it be regarded as speculation?
1. Concept The concept of deemed dividend postulates two factors, whether the payment is a loan or advance to a shareholder or a concern in which the shareholder is substantially interested and whether on the date of payment there is accumulated profit. Closely-held companies having accumulated profits in which substantial voting power lies in the
