Law & Practice of Taxation of Digital Economy & Cryptocurrency
- Year of Publication: 2020
- Edition: 1st
- ISBN: 978-93-86920-88-1
- No.of Pages: 421
Taxation of Digital Economy & Cryptocurrency is the one stop solution for all entrepreneurs/established businesses that are contemplating to perform their businesses or are doing their businesses in the digital medium and want clarity on what would be the tax treatment of their enterprise. This book is divided into 3 parts and into 10 chapters covering ‘Taxation of Digital Economy under Income Tax Act, 1961’ in Part-I; ‘Taxation of Digital Economy under GST regime’ in Part-II; and ‘Taxation of Cryptocurrency’ in Part-III, by virtue of which, it holistically deals with all pertinent concepts, principles and procedures which are involved in taxation of the digital transactions & businesses in India. Furthermore, this book also envelops elaborate discussion on pertinent case laws (both National and International), insights of eminent tax luminaries and apropos Articles of the OECD’s MTC & Corresponding Commentary on those Articles, OECD’s BEPS Action Plan, MLI, OECD’s International GST Guidelines and OECD’s report on “The Role of Digital Platforms in the collection of VAT/GST on online sales”. Thus, this books presents both National and International perspective on “Taxation of Digital Economy” in the most wholesome manner.
The book will be a valuable addition to the libraries of practitioners, law firms, chartered accountants, tax consultants, academicians, students and law schools.
Key Highlights:
- In depth commentary on relevant provisions of Income Tax Act, 1961 pertaining to characterization of digital transaction as ‘Royalty’, ‘FTS’ & Business Income’ and GST
- Detailed discussion on Permanent Establishment esp. Virtual PE
- Detailed discussion on Significant Economic Presence and Equalisation Levy
- In depth discussion on ‘Extra-Territorial Operation’ of ‘Fees for Technical Services (FTS) and Significant Economic Presence (SEP)’
- Holistic discussion of OIDAR & ECO
- Fixed Establishment (under GST) versus Permanent Establishment (under ITA)
- Elaborate discussion on Zero Rated Supply of Digital Services and on Export of Services vis-à-vis FEMA, SOFTEX Form
- Difference between Bond & LUT
- Elaborate discussion of OECD’s MTC, BEPS Action 1 – Final Report (2015), MLI, International GST guidelines and OECD’s report on ‘The Role of Digital Platforms in the collection of VAT/GST on online sales’.
- Elaborate discussion of Apex Court’s decision on Cryptocurrency
- Treatment of cryptocurrency as Foreign Currency
- Detailed analysis of ‘Taxation of Cryptocurrency’
Vijay Shekhar Jha has pursued his BA LLB (H) from Amity Law School, Delhi (GGSIPU) and his LL.M. from NALSAR (Hyderabad) with specialisation in ‘Corporate & Commercial Laws’. He has also qualified UGC-NET and is currently practicing in New Delhi. In addition to extensively focusing on Direct and Indirect Tax litigation including Income Tax, Transfer Pricing, Customs, GST (erstwhile Service Tax, VAT, Excise), Trade Policy (FTDR Act) and Anti-Dumping related matters, he also deals with PMLA, FEMA and IBC related matters. Further, he regularly advises a wide spectrum of entrepreneurs on tax and commercial related issues.
Recently, Author has also penned a book called “Law & Practice of Taxation of Digital Economy including Cryptocurrency” (published by Bharat Law House Pvt Ltd). Moreover, Author has a significant number of articles pertaining to Commercial & Taxation Law related issues to his credit. Some of the prestigious international journals where his articles have been published are Journal of Maritime Law & Commerce (USA) and International Bureau of Fiscal Documentation (IBFD).
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
Similar Books
Ratings and Reviews
Overall Rating
- Year of Publication: 2020
- Edition: 1st
- ISBN: 978-93-86920-88-1
- No.of Pages: 421
Taxation of Digital Economy & Cryptocurrency is the one stop solution for all entrepreneurs/established businesses that are contemplating to perform their businesses or are doing their businesses in the digital medium and want clarity on what would be the tax treatment of their enterprise. This book is divided into 3 parts and into 10 chapters covering ‘Taxation of Digital Economy under Income Tax Act, 1961’ in Part-I; ‘Taxation of Digital Economy under GST regime’ in Part-II; and ‘Taxation of Cryptocurrency’ in Part-III, by virtue of which, it holistically deals with all pertinent concepts, principles and procedures which are involved in taxation of the digital transactions & businesses in India. Furthermore, this book also envelops elaborate discussion on pertinent case laws (both National and International), insights of eminent tax luminaries and apropos Articles of the OECD’s MTC & Corresponding Commentary on those Articles, OECD’s BEPS Action Plan, MLI, OECD’s International GST Guidelines and OECD’s report on “The Role of Digital Platforms in the collection of VAT/GST on online sales”. Thus, this books presents both National and International perspective on “Taxation of Digital Economy” in the most wholesome manner.
The book will be a valuable addition to the libraries of practitioners, law firms, chartered accountants, tax consultants, academicians, students and law schools.
Key Highlights:
- In depth commentary on relevant provisions of Income Tax Act, 1961 pertaining to characterization of digital transaction as ‘Royalty’, ‘FTS’ & Business Income’ and GST
- Detailed discussion on Permanent Establishment esp. Virtual PE
- Detailed discussion on Significant Economic Presence and Equalisation Levy
- In depth discussion on ‘Extra-Territorial Operation’ of ‘Fees for Technical Services (FTS) and Significant Economic Presence (SEP)’
- Holistic discussion of OIDAR & ECO
- Fixed Establishment (under GST) versus Permanent Establishment (under ITA)
- Elaborate discussion on Zero Rated Supply of Digital Services and on Export of Services vis-à-vis FEMA, SOFTEX Form
- Difference between Bond & LUT
- Elaborate discussion of OECD’s MTC, BEPS Action 1 – Final Report (2015), MLI, International GST guidelines and OECD’s report on ‘The Role of Digital Platforms in the collection of VAT/GST on online sales’.
- Elaborate discussion of Apex Court’s decision on Cryptocurrency
- Treatment of cryptocurrency as Foreign Currency
- Detailed analysis of ‘Taxation of Cryptocurrency’
Vijay Shekhar Jha has pursued his BA LLB (H) from Amity Law School, Delhi (GGSIPU) and his LL.M. from NALSAR (Hyderabad) with specialisation in ‘Corporate & Commercial Laws’. He has also qualified UGC-NET and is currently practicing in New Delhi. In addition to extensively focusing on Direct and Indirect Tax litigation including Income Tax, Transfer Pricing, Customs, GST (erstwhile Service Tax, VAT, Excise), Trade Policy (FTDR Act) and Anti-Dumping related matters, he also deals with PMLA, FEMA and IBC related matters. Further, he regularly advises a wide spectrum of entrepreneurs on tax and commercial related issues.
Recently, Author has also penned a book called “Law & Practice of Taxation of Digital Economy including Cryptocurrency” (published by Bharat Law House Pvt Ltd). Moreover, Author has a significant number of articles pertaining to Commercial & Taxation Law related issues to his credit. Some of the prestigious international journals where his articles have been published are Journal of Maritime Law & Commerce (USA) and International Bureau of Fiscal Documentation (IBFD).
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
