Suraj Nangia, Partner with inputs from Mansi Chopra, Manager – Direct Taxation contributed an article on Mobilisation/Demobilisation charges from part of “receipts” under section 44BB for Corporate Professionals Today (Taxmann).
Read MoreJoint development agreement and what triggers income tax liability- Suraj Nangia
Joint Development Agreements (JDA) are prevalent in India as they are beneficial both for the owner and the developer. The owner gets a better built house and the developer gets his remuneration either in the form of a part of the building or money. Under a typical joint development agreement, land owner contributes his land and enters into an arrangement with the developer to develop and construct a real estate…
Read MoreOverseas property is more lucrative- Suraj Nangia
What would you choose if you have an option to buy a house in India worth Rs 1 crore that gets you an annual rent of 2-3 per cent of the property value or one in Manchester that earns a rent of 8-10 per cent? Suraj Nangia, Partner shares his views on Overseas property is more lucrative for Business Standard.
Read MoreIndia Top Court: Auxiliary Functions Don’t Decide Tax Residency- Suraj Nangia
India’s top court passed a highly significant judgment on the taxability of outsourcing arrangements between Indian affiliates and their global counterparts by validating that a subsidiary performing backend operations in India doesn’t constitute a permanent establishment. Suraj Nangia, Partner shares his views on aformentioned story for Bloomberg-BNA.
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