Taxing trouble for M&A special purpose vehiclesAlmost all large deals in 2020 and 2021, where private equity or other strategic investors picked up stakes, were structured using a specia...
11 Jun, 2021, 06.24 AM IST
Slump sale regulations could trigger transfer pricing complications for companiesAs per the rules, companies have to follow a particular methodology while valuing assets whenever they undertake a slump sale. However, man...
05 Jun, 2021, 10.19 AM IST
Companies that undertook mergers are now stuck with tax credit issueTax credits on the amount paid to revenue authorities when the process is on are getting stuck as the tax department undertakes a detailed ...
19 Dec, 2020, 11.01 AM IST
View: Marry faceless regime with virtual tax hearingThe apex body, Central Board of Direct Taxes (CBDT), under the ministry of finance, has agreed to examine the suggestion made in the course...
03 Sep, 2020, 07.56 PM IST
Genuine transactions won't get caught in tax tangleCentral Board of Direct Taxes notifies rules for levy of capital gains tax on certain equity investments where no Securities Transaction Ta...
07 Jun, 2017, 12.27 AM IST
Budget 2017 will not postpone GAARGAAR will also override the provisions of tax treaties entered into by India with other countries. In fact, the recently signed protocol wi...
10 Jan, 2017, 12.12 PM IST
Final rules on buyback provisions: Tax issues on M&A, Esop, sweat equity get cleared; some worries remainAfter considering the comments received from stakeholders, CBDT has notified rule 40BB in relation to the buy-back of shares on 17 Oct unde...
14 Nov, 2016, 10.54 AM IST
Panel on DTAA with Mauritius spots tax ambiguityThe panel has accepted that there is tax ambiguity related to quasi-debt instruments like a compulsorily convertible security purchased bef...
25 Jul, 2016, 01.02 AM IST
Assocham seeks tax friendly environment for startupsD S Rawat said taxpayers should be provided with facilitating services to encourage them to comply with the taxation rules.
06 Oct, 2015, 02.57 PM IST
Abolish Revenue Secretary post; merge CBDT, CBEC, says Tax Administration Reform CommissionThe panel, which has submitted its first report to Arun Jaitley, also pitched for a separate budget allocation to ensure time bound tax ref...
16 Jun, 2014, 08.40 PM IST
Vodafone representatives to meet Revenue Secretary next weekMeeting will take place in the backdrop of Finance Ministry's assertion that it was addressing concerns of investors.
13 Jan, 2013, 12.45 PM IST
Finance Ministry replies to Vodafone; says willing to discuss tax caseIn a reply to Vodafone, the Revenue department expressed willingness to discuss Rs 11,200 crore tax issue with the company.
11 Jan, 2013, 05.09 PM IST
Unfolding of GAAR guidelines - end of uncertainty?It is clarified that the provisions of GAAR will apply to the income accruing or arising to the taxpayers on or after 1 April 2013 and not ...
02 Jul, 2012, 06.16 PM IST
- GAAR won't be invoked for P-notes
The I-T department put out the detailed guidelines on GAAR, stating that rules will apply only to income earned after April 1, 2013.
29 Jun, 2012, 04.20 AM IST
- Vodafone group chief Vittorio Colao meets Pranab Mukherjee
Vodafone group CEO Vittorio Colao met Finance Minister Pranab Mukherjee and presented the company's case to the government.
01 May, 2012, 09.47 PM IST
Experts' take on Vodafone rulingSupreme Court's Vodafone verdict against the tax department was cheered and welcomed by legal and tax experts.
21 Jan, 2012, 11.10 AM IST
- Transfer pricing clearance norms may be eased: CBDT chairman
THE government will soon allow Indian units of foreign companies to file tax returns without the scrutiny of tax authorities, a move that w...
14 Sep, 2010, 04.21 AM IST