Madhya Pradesh High Court: Victims Must be Given a Hearing Even Before Closure Report Rejection  ||  Delhi HC: Payment of ‘Pagri’ Does Not Render Tenancy Non-Terminable, Allowing Eviction  ||  Ker HC Examined Whether Electro-Homeopathy Can be Practised Without Registration under Medical Laws  ||  Delhi HC: Better Possessory Title Holder Can Recover Property From Occupant Without Superior Right  ||  Bombay High Court: Compensatory Afforestation Must Be in Same or Nearby Locality For Residents  ||  Bombay High Court Protects ‘MEFTAL-SPAS’, Restrains Use of Similar Drug Brand  ||  Supreme Court: Inclusion in Revised Select List Does Not Give TN MV Inspectors a Vested Right  ||  Bombay HC: ICC Cannot Hear Sexual Harassment Complaint over Non-Employer Transport Incident  ||  Ker HC Upholds Rule that Homeopathic Doctors Must Cancel Registration Before Enrolment as Advocates  ||  J&K&L HC: Evidence Negating Penetration Warrants Conviction For Attempt to Rape, Not Rape    

ITAT, Pune: Reimbursement on Welfare Expenses Incurred by Multinationals in India Not Taxable - (18 May 2021)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Pune has said that reimbursement on welfare expenses incurred by multinationals in India shall not be taxable if two conditions are fulfilled. The Tribunal has said that there should be a one-to-one direct correlation between the outgo of the payment and inflow of the receipt, and secondly, the receipt and payment must be of identical amount that is without the profit element.

Tags : INCOME TAX APPELLATE TRIBUNAL   REIMBURSEMENT ON WELFARE EXPENSES INCURRED BY MULTINATIONALS IN INDIA  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved