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Advantages of SIMS Registration for Businesses
SIMS Registration is mandatory for steel importers in India, ensuring regulatory compliance. It monitors import trends and facilitates customs clearance. SKMC Global provides support for accurate applications.
ITAT Mumbai Ruling: Red Hat India Wins ₹4.24 Crore Transfer Pricing Case
An ITAT Mumbai ruling in the Red Hat India case marks a significant win. A transfer pricing adjustment was deleted due to the TPO’s failure to follow Tribunal directions.
Oracle Systems Corporation's Impact on India's Transfer Pricing
A ruling impacted India's transfer pricing, favoring Oracle Systems Corporation. It reinforces that royalty requires contractual backing and highlights arms-length principles.
ITAT Bengaluru Ruling Explained: Why Economic Ties Outweighed NRI Claim in…
The ITAT Bengaluru ruling in the Binny Bansal case underscores that NRI status is not determined by relocation alone, but by the strength of economic and personal ties. Despite moving to Singapore, substantial investments, properties, and financial…
ITAT Guwahati Ruling on Mahalaxmi Continental Ltd: Key Transfer Pricing Insights
The ITAT Guwahati ruling in Mahalaxmi Continental Ltd. emphasizes the critical importance of correctly applying the TNMM transfer pricing method. It highlights how selecting dissimilar comparables or ignoring risk profiles can distort the Arm's…
ITAT Judgment Hyderabad: Transfer Pricing for Non-Covered AE Transactions
The ITAT Hyderabad ruling on transfer pricing for non-covered AE transactions clarifies that margins agreed under a BAPA can be extended to similar transactions not explicitly covered, provided the Functions, Assets and Risks (FAR) remain…
Understanding GST Refunds in 2026
Understanding GST Refunds in 2026 is essential for businesses aiming to improve cash flow and maintain compliance. With evolving regulations and documentation requirements, timely and accurate refund claims can significantly impact working capital…
India’s Baggage Rules 2026 & Custom Duty Changes
India’s Baggage Rules 2026 & Custom Duty Changes introduce updated guidelines for international travelers, focusing on revised duty-free limits, simplified declarations and stricter compliance measures. These changes aim to enhance transparency…
RSU Listed Companies in India: Managing Restricted Stock Units
Listed companies in India use Restricted Stock Units (RSUs) to attract, retain, and reward employees, aligning interests with business growth. These incentives enhance motivation and provide wealth creation. Managing RSUs requires careful attention…
Benefits of the EPCG Scheme
The EPCG Scheme promotes exports by allowing businesses to import capital goods at zero or concessional customs duty, reducing production costs. It helps manufacturers upgrade technology and improve efficiency while meeting export obligations. SKMC…
Benefits of the RoDTEP Export Incentive Scheme
The RoDTEP scheme enhances export competitiveness by refunding hidden taxes and duties, reducing costs, and ensuring compliance with international trade norms.
FCRA Compliance Post 2026 Amendment
FCRA compliance is essential for organizations receiving foreign contributions to ensure adherence to updated regulatory norms and avoid penalties.
Guide to External Commercial Borrowings for International Funding
External Commercial Borrowings provide cost-effective funding for businesses seeking international capital to support expansion and infrastructure needs.
Importance of FEMA Compliance
FEMA compliance ensures adherence to foreign exchange regulations for international transactions, preventing penalties and maintaining transparency.
Section 144C and Section 153 in Tax Litigation
Section 144C and Section 153 introduce a structured dispute resolution mechanism in the Indian tax litigation framework to ensure assessment efficiency.
ITAT Mumbai Ruling on Domestic Group Restructuring
ITAT Mumbai ruled that transfer pricing provisions under Section 92B do not apply to purely domestic restructuring between resident companies.
ITAT Rajkot Ruling on Transfer Pricing Additions in Specified Domestic…
A landmark ITAT Rajkot ruling quashed transfer pricing adjustments made without proper benchmarking, emphasizing strict adherence to Section 92BA conditions.
Taxation of Online Market Research Reports
This report analyzes legal implications regarding whether payments for online market research qualify as royalties under international tax treaties.
Understanding Royalty and Reimbursements Under Tax Treaties
Analysis of how cross-border payments are classified under tax treaties and domestic law, including characterizing fees for technical services.
Tax Ruling on Salary vs Consultancy Fees in Hyderabad
This legal analysis examines a Hyderabad tax ruling regarding the distinction between salary payments and consultancy fees for withholding tax purposes.
Functional Reality in Transfer Pricing Principles
Learn about transfer pricing in international taxation, emphasizing the alignment of profits with actual business functions, assets, and risks.
Benefits of HR Process Outsourcing
HR process outsourcing reduces costs and improves compliance. It allows businesses to focus on growth while ensuring accurate payroll and recruitment.
Benefits of Logistics Outsourcing
Logistics outsourcing offers reduced operational costs, improved delivery timelines, and access to supply chain expertise without heavy investment.
Ruling on Corporate Guarantees and Transfer Pricing
A significant ruling clarifies that corporate guarantees involve limited risk for multinational groups, reinforcing the need to assess actual benefits.
NGO Registration Process in India
The legal process for NGO registration in India allows social organizations to operate as trusts or societies while accessing government grants and funding.