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INTRA GROUP TRANSACTIONS
Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials casePrime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct...
Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Godrej Industries arm buys office space worth Rs 365 crore in Mumbai’s VikhroliGodrej Seeds and Genetics Ltd has purchased office space across three floors in Vikhroli's Godrej One tower. The deal totals Rs 366 crore f...
Govt proposes exempting certain M&A deals from CCI approval requirementDraft rules to exempt certain categories of combinations from the Competition Commission of India (CCI) approval requirement have been issu...
CBDT amends safe harbour norms for intra-group loansCBDT, India's top direct taxes authority, has introduced new safe-harbour provisions, eliminating the requirement for intra-group loans to ...
RBI imposes Rs 1.3 crore penalty on SBI for not adhering to normsAn examination of a risk assessment report showed non-compliance with directions by SBI to the extent that the bank sanctioned a term loan ...
RBI imposes penalty on SBI, Indian Bank, Punjab & Sind BankA penalty of Rs 1.3 crore has been imposed on the State Bank of India for non-compliance with certain directions issued by the RBI on 'Loan...
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...
Govt may examine issues arising from equalisation levy on intra-group transactions“All these issues can be examined by the government,” said Kamlesh Varshney, joint secretary said at CII post-budget event on Friday, while...
Grant Thornton to carry out forensic audit of RCap unitsLenders want auditor to study intra-group transactions, seek report in 30-45 days
CBDT signs bilateral APAs with Japanese trading firm armSigning of the pact is an important step towards ascertaining certainty in transfer pricing matters of MNC cases and dispute resolution, th...
CBDT signs bilateral Advance Pricing Agreements with two UK-based companyThe APAs cover the period 2013-14 to 2017-18 and also have a rollback provision for two years (2011-12 and 2012-13)," a finance ministry st...
CBDT inks ‘rollback’ advance pricing agreement with US MNC; 8 more deals likelyThe ‘rollback’ advance pricing agreement (APA) was signed between a US multinational and the tax department at about 6 pm on Monday.
RBI imposes restrictions on intra-group investment by banksThe RBI imposed curbs on banks investing in their group companies in a bid to mitigate the financial risk from concentration of business.
- RBI proposes to tighten banks' exposure norms to group companies
RBI today proposed that a bank's exposure to its own group entities should not exceed 20 per cent of the paid-up capital and reserves.
- Lanco Infratech clocks Rs 72.7 crore quarterly profit
Lanco Infratech reported a profit after tax of Rs 72.7 cr in the three months ended March, benefiting from a one-time gain related to its p...
- Be transparent on MNC taxation: OECD
OECD asks India to introduce Advance Pricing Agreements between tax authorities and MNCs.
- Govt lines up big-bang reforms on international taxation front
The government is set to usher in major reforms in international taxation, including the transfer pricing regulation, to bring them in sync...
- Regulators to keep a watchful eye on top cos
Some of the biggest names in Corporate India figure in the list identified by regulators in financial markets for monitoring intra-group ex...