अख़बार की दुनिया मे बेबाक़ी का सबसे बड़ा कलेजा

【 RNI-HIN/2013/51580 】
【 RNI-MPHIN/2009/31101 】



Jansamparklife.com







On watchlist: Government seeks to tax Netflix income in India

12 May 2023

no img

Synopsis

The income tax authorities have held that the US-headquartered entertainment company has a permanent establishment in India and is thus liable to get its income in the country assessed for tax.

India is seeking to tax Netflix Inc.’s income earned from streaming services in the country, people familiar with the matter said. It’s the first such move to tax overseas digital companies providing electronic commerce services to consumers in India, they said.

The income tax authorities have held that the US-headquartered entertainment company has a permanent establishment (PE) in India and is thus liable to get its income in the country assessed for tax.

In a draft order, the tax authorities attributed about Rs 55 crore income to Netflix’s Indian PE in the assessment year 2021-22, they said. The tax officials have reasoned Netflix had some infrastructure and employees from the parent entity on secondment in India to support its streaming services, leading to a PE and tax liability in the country. Netflix did not respond to queries from ET.

Tax authorities have in multiple instances in the past held that the presence of seconded employees, those loaned for a short period, formed a permanent establishment of the foreign company in India.


हिंदुस्तान पर्दे की दुनिया बॉलीवुड हॉलीवुड टेलीविजन रंगमंच इंटरवियू मूवी रिव्यू ट्रेलर ख़ास कलाकार


Latest Updates

No img

नशेली मनचली भोपाली गुंडियों के बीच आधी रात को हुआ गैंगवार !!!


No img

Friend runs away with Kirana businessman's luxury car in Lalghati area of the capital


No img

2018 नामक साल की हुई बेदर्दी से देर रात हत्या!!


No img

Dhar: Police arrests 3 inter state miscreants, 702 Bridgestone tires recovered worth Rs 35 Lakhs


No img

B’Day Wishes: ASP क्राइम निश्चल झारिया को सालगिराह के मौक़े पर सलामती भरा सलाम!!


No img

Officers appointed for the inquiry committee investigating Bhopal National Herald property to be decided on Monday tomorrow


No img

गणतन्त्र दिवस पर ग्रहमंत्री मिश्रा ने ग्रहक्षेत्र दतिया में फहराया तिरंगा


No img

शराबी का हुआ अंधा क़त्ल मौका-ए-वारदात पर नही मिले कातिल के निशां!!


No img

Punjab: Captain Amarinder changes his twitter bio, congress name vanishes


No img

Indore Lokayukta catches ASI red handed taking bribe, Mandi secretary also involved in bribery


No img

Telangana State BC Commission Chairman conduct detailed decision at Vidhan Sabha Bhopal


No img

शहडोल: सोते वक्त बदमाशों ने की दो चौकीदारों की हत्या


No img

PTRI organises seminar to discuss fast-track method in claim cases with 11 insurance companies


No img

देशभर में 100 दिन के दौरे से क्या शाह धो देंगे मोदी सरकार के पाप?


No img

5G services to soon start in Madhya Pradesh, Ujjain's Mahakal Lok to be the first place: announces CM