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Relying on the Supreme Court’s verdict in the Vodafone case related to transfer pricing adjustment (TPA), the Bombay High Court upheld the Income Tax Appellate...
The Central Board of Direct Taxes (CBDT) has mandated ‘e-proceeding’ for all income-tax scrutiny in 2018-19. It has also specified seven situations where e-proceeding will...
On a recent circular, The tax department exempted angel investors from income tax on their investments in start-ups with effect from April 11. The tax...
Flipkart founders Sachin and Binny Bansal may have to pay 20 per cent capital gains tax if they sell their shares in the company as...
Aligning the Indian tax environment with global best practices and standards, the Central Board of Direct Taxes (CBDT) has yet again brought a change to...
The prolonged wait is finally over. Nearly 18 months after legislating the adoption of country-by-country reporting (CbCR) for multinationals, the CBDT has come up with...
The Finance Act 2017 has ushered a slew of amendments aimed at rationalizing certain provisions, reducing litigation and ushering more transparency for expanding the tax...
The concept of secondary adjustments was introduced vide. Finance Act of 2017, by way of insertion of Section 92CE, as yet another initiative to align...
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