Cos move Sebi to delist privately placed NCDsMany companies that already had privately placed NCDs listed on capital markets have also sent queries to the Securities and Exchange Board...
20 May, 2021, 10.19 AM IST
A dispute on definition of "intermediary" puts $147 bn IT sector in a tax quandaryThe country's $147 billion IT and ITeS industry, including the back offices of several multinationals such as Genpact and WNS Global, has s...
08 Sep, 2020, 09.18 AM IST
Single GST form likely for service providersThe GST Council is expected to consider on January 18 significant relaxation in the law and procedures, including a centralised registratio...
16 Jan, 2018, 07.31 AM IST
Budget 2014: Foreign stock trade may not attract capital gains taxThe retrospective amendment making indirect transfers taxable here had raised the spectre of taxation over such deals.
25 Jun, 2014, 11.40 AM IST
Shome panel votes against retrospective tax on indirect transfer of assetsShome panel has recommended that an amendment to the income-tax law seeking to tax indirect transfers of Indian assets should apply prospec...
11 Oct, 2012, 04.21 AM IST
Bain Capital’s acquisition of 30% stake in Genpact heads for income-tax fightBain Capital's acquisition of a 30% stake in Genpact could set the PE fund on collision course with India's income-tax authorities.
03 Aug, 2012, 07.41 AM IST
After Vodafone, taxmen to go snapping at many past deals involving Indian assetsI-T authorities will pursue all targeted cases that concern overseas transactions involving Indian assets, said a senior finance ministry o...
10 May, 2012, 07.09 AM IST
Govt may waive penalty on past cross-border deals; Vodafone's tax dues may be brought down to Rs 7,900 crIf the proposal of waiving penalties on past cross-border deals goes through, Vodafone's tax dues will be brought down to Rs 7,900 cr from ...
03 May, 2012, 09.49 AM IST
Budget 2012: Amending the Income Tax act retrospectively is unfair, says Shefali Goradia, BMR AdvisorsThe government's move to amend the IT Act with retrospective effect from 1962 to cover overseas mergers and acquisitions is unfair.
19 Mar, 2012, 03.23 PM IST
- I-T Dept to tax over 380 firms for M&A deals in FY'08
Having scrutinised more than 380 merger and acquisition deals from 2007-08, the Income Tax department is expected to soon slap entities con...
13 Dec, 2010, 07.16 PM IST
- I-T lens on 'more cross border' M&As
The deal of SKR BPO Services with Barclays (H&B ) Mauritius for acquiring Intelnet Global Services is also been examined by the I-T departm...
04 Dec, 2010, 05.08 AM IST
Vodafone order to affect IT claims on other cross-border transactionsThe Bombay High Court order will have a bearing on similar cross-border acquisitions on which the tax department has made claims.
09 Sep, 2010, 10.22 AM IST
- Bombay HC to resume hearing in Vodafone, I-T case
The prolonged tussle between Vodafone and the income-tax department will resume on Monday before the Bombay High Court. However, nothing ne...
02 Aug, 2010, 12.25 AM IST
- MNCs may not get to challenge I-T dept
Gains arising from M&As of Indian co to be treated as income earned in india under new tax code
14 Aug, 2009, 10.37 AM IST
New code to give I-T dept more say in foreign dealsForeign firms buying Indian cos argue that Indian tax authorities have no standing over deals outside India between two overseas parties. F...
14 Aug, 2009, 01.30 AM IST
- Beer hug: S&N's takeover comes under tax scanner
Recent takeover of British brewer S&N by the consortium Carlsberg and Heineken is now under the scanner of the income-tax dept. Invest in w...
08 Apr, 2008, 05.40 AM IST
- Cross-border M&As since 2002 to attract cap gains tax
Buoyant tax revenues and better compliance haven't influenced the FM to prune the corporate tax rate, or even the surcharge.Tax Ready Recko...
01 Mar, 2008, 10.30 AM IST