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VOLKSWAGEN INDIA TAX DISPUTE
JSW wants Volkswagen to bear $1.4 billion India tax bill in JV dealIn a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in Indi...- BRICS tax model needs to reflect reality: FM Nirmala SitharamanIndia will lead both working groups. The meeting also approved terms of reference of the BRICS Tax Support Network. Addressing the BRICS He...
- US citizen received Rs 30 lakh income tax demand notice in India, was denied India-US DTAA relief due to a mistake: Know how she won at ITAT DelhiRs 30 lakh income tax demand notice and India-US DTAA benefit denied to US citizen; she fights and wins case in ITAT Delhi; Know how
- BRICS should work together on transfer pricing as disputes burden developing nations: FMFinance Minister Nirmala Sitharaman emphasized the need for BRICS nations to improve collaboration on international taxation. She proposed ...
- Cinematographic film not IT software under GST: HC; quashes Rs 79 cr tax demand on Karan Johar firmsBombay High Court maintained that a cinematographic film is not IT software under GST law regardless of its method of delivery. The court s...
- India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
- Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...
- Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
- Sitharaman urges India Inc to resolve differences before taking disputes to courtFinance Minister Nirmala Sitharaman urged Indian corporates to strengthen internal governance, engage constructively with regulators and re...
- Rs 14.42 lakh Belgium salary of IT pro triggered tax demand in India after Form 67 was missed; ITAT Bangalore gives reliefEmployee with Rs 14.42 lakh salary pays Rs 4.53 lakh income tax in Belgium and asks for credit under the India-Belgium DTAA; Income Tax Dep...
- India fastest-growing economy, but taxation and rules can deter investment: JPMorgan CEO Jamie DimonJPMorgan Chase CEO Jamie Dimon praised India's strong economic growth. He noted that inconsistent taxation and rule application deter forei...
- Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
- Calcutta HC extends interim order on AITC's three HDFC Bank accounts till January 29In a significant ruling, the Calcutta High Court has extended the interim order on three AITC bank accounts, which will stay in effect unti...
- Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
- 5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...
- China's Xpeng plans to offer tech solutions to foreign automakersThe company plans to offer its electrical and electronic architecture, cockpit systems, Turing AI chips, and advanced-driver assistance sof...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- No more tax wishlists? FM Sitharaman asks experts to make the case for what should goFinance Minister Nirmala Sitharaman urged tax professionals and industry bodies to move beyond demands for exemptions and rate cuts, asking...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
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