India Issues Ruling on Transfer Pricing Aspect of Royalty Payments
The Delhi High Court, in its ruling on the case of Commissioner Income Tax vs. EKL Appliances Limited (Taxpayer), has […]
Govt. to recover Rs. 20,300 cr tax from Vodafone
A Day after the approval of the Finance Bill by the Lok Sabha, the government on Wednesday said that it
Benefits of APAs Outweigh Costs
Many companies are entering formal Advance Pricing Arrangements (APAs) with one or more tax authorities to mitigate the risks of
OECD launches Tax Inspectors Without Borders
The OECDs Task Force on Tax and Development, meeting in Cape Town, South Africa, has launched the concept of Tax
Advance Pricing Agreement (APA) Provisions in Budget 2012-13 – An Overview
The APA provisions are proposed to be implemented in the Indian Income-tax Act, 1961 through the Budget recently presented before
ITAT upholds important transfer pricing principles on characterization and rewards for selling activity
INCOME TAX APPELLATE TRIBUNAL, AHMEDABAD Date of Pronouncement : 29/02/2012 ITAT that the taxpayer’s UK subsidiary was not merely undertaking
GFI Welcomes OECD Transfer Pricing Initiative, Notes Need for Developing Country Engagement
Research and Advocacy Organization Recommends Country-by-Country Reporting to Help Curtail Tax Avoidance Global Financial Integrity (GFI) welcomed an initiative by
CBDT Objects To UN Model DTA Agreement 2011
In response to the 2011 update of the UN Model Convention which was launched on 15.3.2012, the CBDT has addressed
Pranab among top 5 global forces dealing with transfer pricing
Finance Minister, Mr. Pranab Mukherjee has been ranked fifth in the list of top forces that effectively deal with Transfer
TP Safe Harbour Rules
[TO BE PUBLSIHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB‐SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF