May 18,2018  

SC reverses HC's conclusion, allows assessee's claim for area-specific deduction u/s 80-IC in respect of its industrial undertaking located at Himachal Pradesh, rejects Revenue's claim that tax-holiday eligibility period of

Jun 20,2018  

Calcutta HC sets aside ITAT order for AY 1983-84, allows Brooke Bond India’s investment allowance claim u/s. 32A on weighing machines, electrical equipments, other machineries and computers; Rejects Revenue’s stand that

Jun 19,2018  

Mumbai ITAT upholds disallowance u/s. 40(a)(i) for the entire amount of testing charges paid by assessee-company to German party without TDS during AY 2012-13; Rejects assessee’s stand that in view

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HC - Directs considering Dr. Prathap Reddy’s Settlement application despite non-fulfilment of tax payment condition

Madras HC allows assessee’s (Dr. Prathap Reddy, Chairman of Apollo Hospitals) writ, directs Income-tax Settlement Commission (‘ITSC’) to permit assessee to make

Jun 20,2018

Taxsutra Eye Share- Cloud Computing: Unraveling the tax implications – Part 1

Taxsutra Eye Share- Cloud Computing: Unraveling the tax implications – Part 1

Jun 18,2018

Mauritius Budget proposes abolishing of GBC-2 licenses & GBL-1's deemed foreign tax credits

Mauritius Budget 2018-19 proposes that FSC will cease to issue Category 2 Global Business Companies (GBC) licenses from January 2019, with a grandfathering

Jun 14,2018

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Litigation Tracker

May 28,2018  

Calcutta HC admits Revenue’s appeal on two substantial questions of law in case of The Royal Bank of Scotland N.V

May 24,2018  

Delhi HC admits cross appeals filed by NDTV & Income tax Department, frames substantial questions of law & lists the

May 22,2018  

SC admits assessee’s SLP against Delhi HC judgment directing attachment of assessee’s bank accounts pursuant to search carried on in

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