Editor's Pick

HC: Upholds FTC for ‘tax payable’ on Omani dividend, despite exempt in Oman

Delhi HC upholds ITAT order allowing foreign tax credit (‘FTC’) to assessee (a co-operative society registered in

Apr 25,2017

ITAT: Revenue to examine FTC allowability against MAT, cautions on MAT-credit double benefit

Ahmedabad ITAT directs Revenue to consider assessee-company’s foreign tax credit (FTC) claim for AYs 2008-09 and 2009-10 on taxes withholding in

Apr 25,2017

ITAT: Allows deduction from salary income towards notice pay recovered by previous employers

Ahmedabad ITAT allows deduction to assessee-employee with respect to notice pay recovered from his salary by previous employers

Apr 21,2017

4 Tribunal Members promoted as ITAT Vice-Presidents

Four senior ITAT members promoted as Tribunal Vice-Presidents, given charges of

Apr 01,2017

ITAT: Reebok’s ‘Rights-fee’ payment to ICC granting advertising, marketing rights, not royalty

Delhi ITAT holds that ‘Rights fee’ payment to International Cricket Council (ICC) [a resident of British Virgin Islands]

Mar 23,2017

30+ amendments to Finance Bill, 2017 introduced in the Lok Sabha

Govt. proposes over 30 amendments to Finance Bill, 2017 relating to income

Mar 22,2017

CJI asks Govt. to give major tax cases details to reduce pendency

PTI reports that Chief Justice of India J.S. Khehar has written to the Finance Ministry, asking for details

Feb 23,2017

ITAT: Outbound call-center's IPLC & connectivity payments to US-vendors outside royalty/FTS scope

Delhi ITAT holds that payment by assessee (an Indian outbound call centre) to US entities on account of International

Feb 08,2017