News

CBDT: Assures prompt investigation in fresh series of cases pertaining to ‘Panama Papers’

CBDT apprises that “fresh release made in the media today under ‘Panama Paper Leaks’ is being promptly looked into by the

Jun 21,2018

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

Pages

Top