ZOHO CORPORATION PRIVATE LIMITED

Location

Tamil Nadu

Founded

2010-06-02

Risk Signals

636 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Computer Programming Services, Computer Integrated Systems Design, Computer Related Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

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Recent Articles about ZOHO CORPORATION PRIVATE LIMITED

Live alerts from global media, monitored by Business Radar

Top 5 Income Tax Rulings of February 2025

2025-03-09 (taxguru.in)

Top 5 Income Tax Rulings of February 2025

Explore February 2025's key income tax rulings covering issues like R&D deductions, secondment taxability, trust exemptions, and demergers under the Income Tax Act.

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Foreign Tax Deduction Not Allowed as Business Expense: ITAT Chennai Rejects Zoho's Claim

2025-02-18 (taxguru.in)

Foreign Tax Deduction Not Allowed as Business Expense: ITAT Chennai Rejects Zoho's Claim

Zoho Corporation's attempt to deduct foreign taxes as business expenses under Section 37 of the Income Tax Act was rejected by the ITAT Chennai. The tribunal upheld the disallowance, citing Section 40(a)(ii) and emphasizing the distinction between foreign tax credit under Section 90/91 and business expense deductions. This ruling clarifies the limitations on claiming foreign tax deductions and reinforces the interpretation of relevant tax provisions.

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