Tax & Regulatory Newsletter- April, 2020 Edition
We are pleased to attach herewith the Tax & Regulatory Newsletter – April, 2020 edition highlighting major recent tax and regulatory developments.
Inside this issue…
Salary earned by employee of GEII India, not taxable in India
No liability for TDS in respect of recruitment services sought from Korean company
ITAT confirms that provision of Negative Lien cannot be equated with Guarantee
ITAT held that advances made to subsidiary to be considered as an International transaction and needs to be benchmarked as per Indian Transfer Pricing (“TP”) Regulations.
Guidelines on regulation of payment aggregators
Other Regulatory updates
Applicability of GST on Phyto-therapy services
We trust that you will find it interesting and informative.