by Majmudar & Partners | Jan 13, 2023 | Technology, Telecommunication and Media
Download .pdf Background On January 2, 2023, the Ministry of Electronics and Information Technology, Government of India (“MeitY”) invited comments from the public on a host of proposed amendments to the IT (Intermediary Guidelines & Digital Media Ethics Code)...
by Majmudar & Partners | Dec 28, 2022 | Tax
Download .pdf In the recent Redington Distribution Pte. Ltd case, the Chennai Bench of the Income-tax Appellate Tribunal (the “Chennai Tribunal) held that a subsidiary company based in Singapore (the “Singapore Subsidiary”) of an Indian holding company (“Indian...
by Majmudar & Partners | Dec 16, 2022 | Technology, Telecommunication and Media
Download .pdf Background On November 18, 2022, the Indian government released a new draft Digital Personal Data Protection Bill, 2022 (the “Draft Bill”). The Draft Bill has been released for public comments (which can be sent on or before December 17, 2022)....
by Majmudar & Partners | Dec 13, 2022 | Tax
Download .pdf In the recent MIH India (Mauritius) Limited case, the Delhi Bench of the Income-tax Appellate Tribunal (the “Delhi Tribunal”) held that the income earned by way of capital gains by a Mauritius tax resident on the sale of shares of an Indian company is...
by Majmudar & Partners | Oct 17, 2022 | Tax
Download .pdf In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (the “Tribunal”) has upheld that there will be no Equalisation Levy on Google advertisement payments made by an Indian tax resident if the advertisers and the target audience are...
