Thursday, August 13, 2020

Delhi HC issues notice to Govt. over Equalisation Levy on MasterCard ‘s subsidiary

The Delhi High court has issued notice to the central government and the income tax department over a 2% equalization levy on Mastercard Asia Pacific PTE Ltd, a Singaporean subsidiary of Mastercard. MasterCard has moved the Delhi High Court seeking a stay on payment of 2% of equalisation levy on digital transactions on grounds that […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3fNmP4U

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