351 results found

The most important and unsolved puzzle of transfer pricing litigation is Advertisement, Marketing & Promotion Expenses (AMP), which has no statutory law or legislation...

On 29 January 2013, a scheme for amalgamation of SPIL and taxpayer was approved by the High Court with effect from 1 April 2012.

SNF India private Limited (Taxpayer) is a 100% subsidiary of French company engaged in the business of manufacturing water-soluble polymers.

Global Capability Centres in India have evolved from basic support operations into strategic hubs handling high-value functions like R&D, analytics, and procurement. As these centres scale and take on more complex responsibilities, multinational enterprises face heightened tax risks around permanent establishment classification and transfer pricing compliance that require careful structural review and documentation.

India has long been recognized as a global hub of highly trained and skilled workforce, especially in technology, finance, and business services.

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 Special Bench accordingly held that principles of purposive or object-based rules of interpretation should not apply in the present case.

The Hon'ble Finance Minister Ms. Nirmala Sitharaman presented the Finance (No. 2) Bill, 2024 ("the Finance Bill") on July 23, 2024 in the Parliament. We are enumerating key policy initiatives and changes under the specified Indirect Tax Laws.

Economic Survey 2023-24 – a snapshot of tax revenue...

In M/s Adidas India Marketing (P.) Ltd. v. Income Tax Officer,[1] the Delhi Bench of the Income Tax Appellate Tribunal (ITAT)

CTIL pays Cummins supply management service fees at 5% of the base prices charged by suppliers.

India has long been recognized as a global hub of highly trained and skilled workforce, especially in technology, finance, and business services. This talent pool has been a key driver...

The taxpayer is a subsidiary of US entity, PepsiCo Inc. and is mainly involved in the manufacturing of soft drink/juice-based concentrate and other agro products.

The London Interbank Offered Rate, a benchmark that underpinned financial transactions for decades, is being phased out due to several concerns. In its wake, alternative reference rates or ARR...

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 October 2024.

The Union Budget 2020 has been duly positioned as a game-changer for the country's economy. The finance ministry has a mammoth task of improving GDP, resurrecting the affected sectors, and reviving a debilitating economy overall.

The Hon'ble Apex Court, in its order dated 19 April 2023, in the case of SAP Labs India Pvt. Ltd. quashed and set aside the ruling of the High Court (HC) and observed that the selection...