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Name: Fillable Online Payments towards R&D expenditure are for the use of process or formula and therefore taxable as royalty Fax Email Print - pdfFiller
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This document discusses the recent AAR ruling regarding payments for R&D expenditures made by a German company to a foreign entity, concluding that such payments are taxable as royalty under the Income-tax

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What is KPMG FLASH NEWS?

KPMG FLASH NEWS is a communication tool designed to provide timely updates on important tax and regulatory changes that may affect businesses and organizations.

Who is required to file KPMG FLASH NEWS?

Organizations and entities that are affected by relevant tax and regulatory changes are typically required to file KPMG FLASH NEWS to stay compliant and informed.

How to fill out KPMG FLASH NEWS?

To fill out KPMG FLASH NEWS, individuals or organizations need to provide specific details about the relevant issue, including the nature of the change, the effective date, and any necessary actions that must be taken.

What is the purpose of KPMG FLASH NEWS?

The purpose of KPMG FLASH NEWS is to ensure that stakeholders are promptly informed about significant changes in tax and regulatory matters that may impact their operations.

What information must be reported on KPMG FLASH NEWS?

The information that must be reported on KPMG FLASH NEWS includes details about the regulatory change, its implications for stakeholders, deadlines, and any necessary action steps to comply with new requirements.

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