DLF Urban gets ITAT relief in ₹328cr disputeDelhi ITAT grants DLF Urban relief, rejecting ₹328 crore addition. Property valued via Cushman and Wakefield for Moti Nagar land developmen...
Limited scrutiny by tax department could result in a detailed transfer pricing investigationThis could mean that if a tax official suspects that certain transactions need further scrutiny it could refer them to a separate departmen...
Transfer pricing disputes: Apply mind before sending tax demands says Income Tax Appellate TribunalThe ruling will have a bearing on many current transfer pricing disputes and may prompt companies to ask for the quashing of tax demands.
Eyeing consistency, CBDT streamlines transfer pricing normsIt also said a similar guidance note will be issued to deal with transfer pricing cases pertaining to domestic transaction within the group.
Wikipedia founder Jimmy Wales to launch social network 'TPO' to support charityJimmy Wales is launching a social network in US on Tuesday, and it's all designed to make it easier for the everyday person to support thei...
Wikipedia founder Jimmy Wales is launching a social network and phone service to easily donate to charityThe social network is simply called "TPO," named after "The People's Operator".
J&K CM Mufti Mohammed Syed orders revisiting of Draft Master Plan for PahalgamSayeed also directed the Tourism Department to prepare a concept plan for setting up of a School for Skill Development at Pahalgam.
Wikipedia founder Jimmy Wales joins The People's OperatorJimmy Wales would lead mobile phone network, The People's Operator Innovative business model to create global community where share of cust...
- Law ministry backs transfer pricing officers on MNC share issues
The lawmin has endorsed the actions of Transfer Pricing Officers who have sought to question the pricing of share issued by multinationals.
- MNCs get more options to settle tax disputes
Over 1,600 such companies, who were asked to pay additional corporate taxes on account of their overseas transactions, now, have the option...
- IT, core manufacturing sectors skip 2008-2009 campus placements
Recruitment at engg colleges has virtually dried up with Nasscom having advised its members not to go to campuses till Dec. Morgan Stanley ...
- ITAT ruling relief to captive IT cos facing transfer pricing audit
ITAT held that transfer pricing officer could undertake a fresh search only if the comparables chosen by the taxpayer were insufficient or ...
- TPO will continue to assess all cross-border deals above Rs 5 cr
All cross-border transactions worth Rs 5 crore and above will continue to be assessed by a transfer pricing officer (TPO) of the income tax...
- Delhi HC does a balancing act with transfer pricing order
Can a court order resolving a tax dispute leave both the taxpayer and the tax authorities feeling vindicated?
- Transfer pricing officers get more teeth
The foreign tax division under the department of revenue has issued a notification empowering transfer pricing officers (TPOs) to take up c...
- MoF issues norms for transfer price assessment
The Finance Ministry has issued administrative guidelines on transfer price assessment, to kickstart scrutiny of returns filed for assessme...
- Cell to keep tabs on transfer pricing
Foreign companies may need to take note as the transfer pricing regime begins in India.