Sep 26,2017  

SC allows Revenue’s appeal and sets-aside Punjab & Haryana HC ruling; Rules that enhanced compensation alongwith interest thereon received by assessee-HUF pursuant to HC’s interim order in pending appeals relating

Sep 26,2017  

Delhi HC quashes assessment order passed pursuant to ITAT's remand in case of Nokia India (‘assessee’) for AY 2007-08, holds that the order was barred by limitation u/s. 153(2A) [which

Sep 26,2017  

Mumbai ITAT upholds assessee's right to claim capital gains exemption u/s. 54F in a belated ‘return of income’ filed in compliance to a notice issued u/s 148, however, restores matter back to

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Key takeaways from ICAI’s technical guide to ICDS

Key takeaways from ICAI’s technical guide to ICDS :-

Sep 25,2017

CBDT specifies procedure for filing Form 67 for claiming foreign tax credit

CBDT specifies procedure for furnishing statement of income in Form 67 for claiming foreign tax credit (‘FTC’); Last year, CBDT

Sep 25,2017

European Commission treads 'parallel' path on digital economy taxation; Seeks time-bound, meaningful progress

The European Commission (EU Commission) releases new EU agenda on digital economy taxation, expresses concern that 'patchwork unilateral measures' by

Sep 21,2017

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Litigation Tracker

Sep 08,2017  

SC reserves judgement on taxation of mobilisation/ demobilsation fees for oil rigs u/s 44BB in a batch of 50 appeals

Aug 24,2017  

Delhi HC admits a Chinese company’s (‘assessee’) appeal against ITAT judgement;  ITAT had attributed 35% of net global profits as

Aug 09,2017  

SC to hear IT Department's appeal against Delhi HC judgement in the case of National Petroleum Construction Company (assessee); Reversing ITAT

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