by Audit Analyst | Dec 23, 2025 | Company Tax
Definition of specified domestic transactions Specified domestic transactions are certain transactions between related parties within India that are subject to transfer pricing regulations. These transactions are governed by section ninety two BA of the Income Tax...
by Audit Analyst | Dec 23, 2025 | Company Tax
Meaning of transfer pricing in corporate taxation Transfer pricing refers to the pricing of goods, services, or intangibles transferred between associated enterprises. It is relevant for international and specified domestic transactions. It ensures that transactions...
by Audit Analyst | Dec 23, 2025 | Company Tax
Meaning of royalty income for foreign companies Royalty refers to payments made to a foreign company for the use of intellectual property or technical know-how. These payments are considered income that arises in India if the usage is within Indian territory. Includes...
by Audit Analyst | Dec 23, 2025 | Company Tax
Meaning and purpose of tax residency certificate A Tax Residency Certificate is an official document issued by the tax authority of a foreign country. It certifies that a person or entity is a resident of that country for tax purposes. TRC is required to claim...
by Audit Analyst | Dec 22, 2025 | Company Tax
Meaning of withholding tax for foreign entities Withholding tax is the amount deducted at source by an Indian payer while making certain payments to a foreign entity. This ensures that tax due on such payments is collected at the time of remittance. It applies to...
