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Tax Affairs Bulletin
In a crucial ruling recently, the Supreme Court of India (“SC”) has held that the rulings of the Authority for Advance Rulings (“AAR”) can be subject to the writ jurisdiction...
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From businessmen to bloggers, from company CEOs to government officials, from external transactional advisers to internal strategy and M&A teams, no one is immune to the enormous impact upon the...
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The Supreme Court of India pronounced the much-awaited historic judgment in “Vodafone International Holdings B.V. vs Union of India and Ors” in which it absolved Vodafone International Holdings B.V. (“VIH...
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As is evident from the recent developments and media reports, the department of Revenue under the Government of India is inclined to bring more and more activities under the tax...
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The issue of taxability of transfer of shares of a non-resident company to nonresident companies is gaining importance with time due to the surge
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In order to promote the welfare of the society, the Income Tax Act, 1961 (“Act”), which is the principal legislation governing taxation laws of individuals as well as companies, LUATION...
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The Union Budget for the year 2010-2011 presented by the Finance Minister, Mr. Pranab Mukherjee targets to augment the pace of growth while improving the fiscal situation.
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On December 3, 2008 the High Court of Mumbai pronounced the highly anticipated judgment of Vodafone International Holdings B.V. vs. Union of India. In this case, the Income Tax department...
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In the course of entering a country for conducting business, a foremost consideration is the potential tax implication. Corporations are generally averse to pay in multiple jurisdictions. As a consequence,...
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The Finance Minister Mr. P. Chidambaram, presented the 5th budget on February 29th, 2008 on an inspirational note that the Indian economy recorded a growth rate of over 8% up...
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