News

SC dismisses PIL in Vodafone case

SC dismisses PIL in  Vodafone case, terms it "frivolous, irresponsible and scandalous"; Imposes cost of Rs 50,000

Mar 02,2012

An Indian to head of the Global Forum on Transparency and Exchange of Information for Tax Purposes

An Indian to head of the Global Forum on Transparency and Exchange of Information for Tax Purposes

Mar 01,2012

AAR denies capital gains exemption on share buy-back

AAR denies Sec 47 (iv) exemption on capital gains from share buy-back: Sources

Feb 27,2012

Bombay HC dismisses writ challenging Settlement Commission's powers

Writ filed by Major Metals challenging Settlement Commission's powers dismissed; Delhi HC ruling in Lovely Exports distinguished

Feb 23,2012

Post SC victory, Vodafone moves HC against Rs 8,500 cr transfer pricing adjustment

Vodafone approaches Bombay HC against Rs 8,500 cr transfer pricing adjustment ; Likely to rely on SC’s observations that option

Feb 21,2012

Over Rs 12,000 Cr relief granted by DRP, says former DGIT

Experience with DRP has improved through administrative changes, over Rs 12,000 cr relief granted by DRP, says Mr R. N.

Feb 21,2012

AAR rejects 5 applications; Says issue pending before IT authority once tax return is filed

AAR rejects applications filed after submission of income-tax returns; After filing of tax return, issue to be treated as pending before

Feb 21,2012

Vodafone review petition lambasts SC ruling, says will encourage tax haven structures

Govt. files Review Petition in Vodafone case; judgment “suffers” from  many errors apparent on record, will legitimize use of multi-layered

Feb 18,2012

Govt to file review petition in Vodafone tax case today: Sources

Govt to file review petition in Vodafone tax case today: Sources

Feb 17,2012

Scope & manner of taxation can make or break foreign investment, says Vodafone judge

Scope & manner of taxation important in "making or breaking" foreign investment; Globalisation & Taxation synonymous; Vodafone decision epoch-making, says

Feb 13,2012

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