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Rulings

Jun 10,2017  

SC dismisses assessee’s [Honda Siel Cars India Ltd., formed as a Joint Venture (‘JV’) Company between HMCL, Japan and SEIL Ltd. (an Indian Company)] appeal challenging Allahabad HC order, payment

Jul 19,2017  

Gujarat HC allows assessee's writ petition challenging notice for reopening of assessment u/s 148 for AY 2009-10 to partially disallow Sec. 10A deduction, holds that reopening was under the directives and compulsion

Jul 20,2017  

Delhi ITAT holds that payment made by assessee (an Indian company involved in data processing) to a Singaporean entity for database access and for downloading readily available information, not royalty

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BMR’s Transactions and Risk Consulting business to merge with KPMG India

KPMG India announces merger of BMR's  Transactions (M&A) and Risk Consulting Businesses; 12 BMR partners alongwith 100 professionals to join

Jul 20,2017

Cabinet approves MoC stimulating co-operation in tax-matters between India and BRICS countries

Cabinet approves signing of Memorandum of Cooperation (‘MoC’) in respect of tax matters between India and the BRICS countries namely,

Jul 20,2017

Deloitte Board approves BMR tax practice merger deal : Sources

Deloitte India Board approves deal for merger of BMR's Corporate Tax Practice with itself; Internal announcement made  by Deloitte CEO

Jul 17,2017

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Litigation Tracker

Jul 12,2017  

Chamber of Tax Consultants (‘CTC’) files writ petition before Delhi HC challenging constitutional validity of Income Computation and Disclosure Standards (‘ICDS’); Petitioner highlights

Jul 12,2017  

SC  admits Revenue’s SLP against Delhi HC judgement in case of Nortel Networks; HC had held that activities carried out

Jun 23,2017  

10 key grounds taken by Madras Bar in constitutional challenge to Tribunal Rules, 2017

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