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TAXABILITY OF FEES FOR TECHNICAL SERVICES There was a controversy relating taxability of fees paid to Non Residents for technical services in India, Hon’ble Supreme court in Ishikawajma case held that under Section 9(1) (vii) of the Income T ..
NEW RBI CIRCULAR AND THE COMPOUNDING OF CONTRAVENTIONS UNDER FOREIGN EXCHANGE MANAGEMENT ACT, 1999 (FEMA): INTRODUCTION: The Reserve Bank of India vide its A.P. (DIR series) Circular no. 56 dated 28.06.2010 has prescribed a procedure for compoundi ..
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