Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: empanelment :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: cpt :: ACCOUNTING STANDARD
 
 
« News Headlines »
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned
 All about income tax return form Sahaj
 Why seeing Form 26AS is a must before filing tax return and how to access it
 No tax on notice period pay cut
 Interpretation Of Central Goods And Services Tax (Cgst) Act (Part-1)
 What to do if you haven’t filed your taxes

Golf in Dubai not liable to pay tax here, rules AAR
October, 20th 2008

Golf in Dubai (GID), an event management team that organises golf tournaments across the world, including India, has been declared not liableto tax in India by the Authority for Advance Ruling (AAR), a quasi-judicial body for settling tax disputes involving foreign companies.

GIDs income from the Golf tours in India were identified as sponsorship fees, involving reimbursement of prize money, players accommodation expenses, golf course fees, catering, advertisements, management fee for organising the tournament and income generated through merchandise sales.

GID had organised two tournaments in India the Emaar-MGF Ladies Masters 2007 at Eagleton, Bangalore, and the Emaar-MGF Indian Masters 2007 at the Delhi Golf Club.

The questions raised before the AAR were whether the GID was liable to be taxed in India on account of the income generated in India from the golf tournaments and could Eagleton and the Delhi Golf Club be construed permanent establishments in India for the GID for the purpose of levying tax in India.

The relevance of the second question arises from the fact that a permanent establishment is a justification for any tax regime to levy tax on the operation of an overseas entity.

Before concluding that the GID was not liable for tax in India, the AAR examined the possibilities of Eagleton and the Delhi Golf Club being permanent establishments of GID by scrutinising the definition of permanent establishment as explained under article 5 of the Double Taxation Avoidance Agreement (DTAA) between India and the UAE.

The AAR, considering all possible interpretation of the definition of a permanent establishment given under article 5 of India-UAE DTAA, held, "Taking an overall view, we are unable to hold that by organising and conducting golf tournaments at Delhi and Bangalore for a week's duration, the applicant has carried on business through a fixed place in India. On the basis of a solitary or isolated activity during the year, it is difficult to infer the existence of a permanent establishment within the meaning of Article 5.1 of the Treaty."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions