Top 20 Rulings of 2011

Top 20 Rulings of 2011

Jan 05,2012

Gross Direct Tax Collections up 14.5% during Apr-Dec 2011

Corporate tax collections grow by 12.49% during Apr-Dec 2011; STT collections down by 26%: CBDT Press Release 

Jan 04,2012

Vodafone ruling to be pronounced soon, says CJI

In a statement that will further enhance the excitement and anticipation levels concerning the $2bn Vodafone tax case, the Chief

Jan 03,2012

Major amendments in India – Australia DTAA, 'Force of Attraction' rule removed

Protocol amending India – Australia DTAA removes ‘force of attraction rule’

Dec 28,2011

Delhi HC confirms ITAT Special bench ruling in Ericsson

Delhi HC dismisses IT Department appeals against ITAT Special bench ruling in Ericsson; Income from software not taxable as ‘royalty’,

Dec 23,2011

Report on Govt’s measures to tackle black money

Report on Govt’s measures to tackle black money

Dec 21,2011

SEZ Board of Approvals to reconsider denial of tax holiday on shifting of units

DGFT & DC support continuity of tax holiday u/s 10AA for balance period contrary to CBDT’s stand; BOA’s approval not

Dec 12,2011

Google India is DAPE of Google Ireland, advertisement income taxable in India

Income of Google India from ‘Adwords’ program taxable on gross basis; Google India a DAPE of Google Ireland, habitually takes

Dec 09,2011

No TDS on interest paid to French entity, MFN benefit available

Interest on loan extended/endorsed by specified French corporation exempt under Article 12(3) of India-France treaty: AAR

Dec 07,2011

Transfer Pricing emerging as key challenge: KPMG Survey

Tax an important constituent in decision making for corporate India: KPMG Survey

Dec 06,2011