Challenges in faceless income tax assessment scheme – Neha Malhotra

The Permanent Court of Arbitration at the Hague has upheld the plea of the Vodafone group in its long-pending case against the Income Tax Department’s demand for Rs 20,000 crore for acquiring Hutchison Whampoa’s stake in what was Hutchison-Essar in 2007 through an overseas deal.

Neha Malhotra, Executive Director with inputs from Vasudha Arora write an article on Challenges in faceless income tax assessment scheme for Financial Express.