News

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

IT Dept. issues SOP to AOs for resolving duplicate / erroneous demand issues

IT Dept. issues Standard Operating Procedure (‘SOP’) to be followed by AOs for correction of duplicate / erroneous demand in CPC-AO

Jun 14,2018

Govt’s Task Force identifies 16,537 ‘confirmed’ shell companies, raises red flag for 80k companies

Govt. of India highligts pro-active and coordinated steps taken by the Task Force on Shell Companies, to check the menace

Jun 08,2018

Delhi ITAT Special bench rules 2:1 in Nokia’s favour on PE issue

Delhi ITAT Special bench (majority view), rules in favour of Nokia Networks OY (‘assessee’, a Finnish company), holds that assessee’s

Jun 05,2018

Fire engulfs Income-tax Dept. building in Mumbai

Fire spreads at Scindia House (Ballard Estate), Income tax Building, Mumbai; No injuries reported.

Jun 01,2018

Taxsutra Book Review - ‘Indian Taxation Decoded- An MNC Perspective' by Ketan Dalal

One of the concerns for MNCs doing business in India is about India’s tax system. While there is significant amount

Jun 01,2018

ICAI: Urges CBDT to reconsider notification making CAs ineligible for determining unquoted shares FMV

ICAI: Urges CBDT to reconsider notification making CAs ineligible for determining unquoted shares FMV

May 31,2018

Anuj Mahajan & Co. awarded ITR’s ‘Best Newcomer of the Year’

Anuj Mahajan & Co. awarded ITR’s ‘Best Newcomer of the Year’

May 25,2018

Pages

Top