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The Delhi High Court, in the recent ruling of Birlasoft Ltd., 1 while dismissing the appeal the Revenue challenging the order passed by the Income-tax Appellate Tribunal ('ITAT')...

On August 8, 2019, India's Ministry of Finance issued Circular No. 17/2019, which calls for further changes to monetary limits for the filing of appeals by the Department of Revenue in India.

Protocols under a treaty form a part of it and do not need to be notified separately unless the treaty/protocol itself suggests otherwise.

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of August 2021.

Recently, the Employee Stock Options Plan (ESOP) has been introduced in many corporates as a reward scheme for an employee. ESOPs are used to create...

The year 2025 ushered in significant strides across the Indian legal regime, with landmark judgements on Direct and Indirect tax issues paired with major regulatory changes to simplify compliance and support ease of doing business including under Indian foreign exchange management laws.

COVID-19 has been declared as a pandemic, and there is no running from the demon! This pandemic has crippled the global economy, and its detrimental impact has spread rapidly.

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month...

Watson Pharma Pvt Ltd 1- The taxpayer carried out Research and Development (R&D) activities in India for supporting the manufacturing functions of the Associated Enterprise (AE) outside India.

The General Agreement on Tariffs and Trade (GATT), established in 1947 from the 1944 Bretton Woods Conference, played a pivotal role in shaping the modern global trading system by reducing the trade barriers and promoting economic recovery post war.

It is not uncommon for corporates to relate Transfer Pricing as the ‘cost plus' question – how much margin is appropriate given the nature of transaction?

In line with the expectations, and as an aftermath to the hugely controversial demonetization exercise, Budget 2017 announced on February 1 has clearly toed the populist line.

The Action 13 report of the Organisation for Economic Co-operation and Development's (OECD's) Base Erosion and Profit Shifting (BEPS) ...

Safe Harbour Rules ('SHR') were first introduced in Indian Transfer Pricing (‘TP') regime by the Central Board of Direct Taxes ('CBDT') in September 2013 under Section 92CB of the Income-tax Act...

The Federal Tax Authority (FTA) has issued a comprehensive guide on "Determination of Taxable Income," which provides an overview of the adjustments required to be made to the accounting income...

Transfer pricing has been one of the most litigated areas of taxation – not only in India but globally.

The Organization for Economic Co-operation and Development (OECD) Inclusive Framework released the report on Pillar One's Amount B, marking a significant milestone...

Driven by the political and public focus around the world on the taxation of multi-national enterprises (MNE) businesses, there have been significant developments around the world in International Taxation.