How Lybrate wants to democratize access to healthcareLybrate, a mobile-based platform that looks to connect doctors and patients through an app, wants to bridge existing gaps and solve issues ...
- Expert advice is not an excuse to avoid penalty for claiming false deductions: I-T tribunal
An income-tax tribunal has held that a company cannot avoid paying penalty for claiming false deduction on grounds that its claim was suppo...
- Govt plans to bring corporate guarantees under tax net
I-T dept says corporate guarantees are given at a cost, move to upset companies eyeing cheap foreign assets.
- Different transfer pricing method no ground for penalty: Income Tax Appellate Tribunal
TNMM is one of the five methods prescribed under transfer pricing rules of the I-T Act for computing income from cross-border transactions.
- Tax payable on import of all software: Delhi ITAT
TAX is payable on import of all software , even if the sale does not involve exercise of copyright, according to a Delhi tax tribunal order...
- I-T dept raises Rs 11,000 cr tax demand on Vodafone
Income tax dept has raised a demand of over Rs 11,000 crore on Vodafone on account of its $11-bn Hutchison Essar deal.
- All payments to foreign companies need not be taxed: Delhi High Court
The Delhi High Court has ruled that any liability to withhold tax would arise only if payments to overseas entities is liable to be taxed i...
- Debt need not be established as ‘bad’ for tax deduction: SC
Corporates and banks will not have to establish a debt as a ‘bad debt’ in order to claim tax deduction, according to a recent Supreme Court...
- Services rendered from outside India to be taxed
Services rendered from outside India for use within the country will now come under the tax net, following the amendment to the I-T Act. In...
- HCs get back power to hear late I-T appeals
The amendments brought in the Finance Bill has empowered the Income-Tax (I-T) department to file about 12,000 appeals involving several tho...
- CarWale draws venture capital funding from Sierra Ventures
CarWale.com, an automotive Internet portal on Wednesday announced receiving $ 7 mn of funding from a venture capital company Sierra Venture...
- Ormax Media forays into entertainment business
Ormax Media Pvt Ltd, a consumer knowledge and consulting firm on Monday announced its foray into the entertainment business to bridge the d...
- LVMH to share ramp with Indian designers
Luxury major in talks with Rohit Bal, Ritu Beri, Ritu Kumar For equity stakes and buyouts.
- Times Centre holds convocation for 3rd batch
Times Centre of Media Studies celebrated the convocation ceremony of its 3rd batch of students on Wednesday.
- LVMH names Vispi Patel as Group Director
Luxury product group LVMH names Vispi Patel as Group Director for India.
- BPOs date with SC on tax soon
The tax treatment of foreign companies setting up BPO units is in focus again.
- All aboard: Mallya rejigs Kingfisher brass
UB chairman Vijay Mallya is revamping the top management structure of Kingfisher Airlines following the back-to-back exit of two expat COOs.