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The proposed changes to the definition of Associated Enterprises (AEs) under the new Income Tax Bill, 2025, carry significant implications. Before delving into the impact...

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 November 2021.

India was in focus due to colossal transfer pricing adjustments made in past few years in the case of international transactions entered into by MNEs.

A discussion on what extent can transfer pricing provisions be attracted to cross-border investments in Indian subsidiaries.

A long-standing debate that continues to hold its ground even today is whether investment in a company's shares can be construed as income and thus liable to tax in the hands of the investee company?

During the AY 2018-19, I. A. Hydro Energy (P) Ltd (‘the Assessee') was converted from partnership firm in to a Company. The Assessee also converted outstanding...

The Delhi Tribunal also held that profit attribution is required as the transfer pricing study does not adequately capture functions performed and risks undertaken by the Indian Company.

Transfer pricing litigation environment in India has been evolving over a period of time. In recent past, Indian courts have provided judgment on complex Transfer Pricing related issues involving of Intangible related transactions.

A lot has been discussed, spoken, and written about doing business in India and how complex it is.

An Advance Pricing Agreement is voluntary agreement entered into between the Central Board of Direct Taxes and any person (entity).

Delhi Tribunal rejects addition of arm's length notional interest by re-characterization of redeemable preference shares into loan

Foreign companies having POEM in India placed at a disadvantage as compared to domestic Indian companies.

The Inland Revenue Authority of Singapore (IRAS) announced a series of support measures to help businesses and individuals. Read ahead for an evaluation of the ...

In a historic development, on 1 July 2021, 130 countries agreed to a broad framework for solutions to address tax challenges arising from digitalisation of the economy.

The Delhi High Court's recent ruling in the Ernst & Young U.S. LLP case has reignited the debate over cross-border employee secondments, determining that reimbursed salary costs constitute taxable technical services rather than mere fiscal pass-throughs. This decision, which closely mirrors the foundational Centrica India Offshore precedent, establishes that seconded employees who retain employment liens and social security benefits with their overseas entities remain employees of the foreign entity, thereb

When India unveiled the Goods and Services Tax in 2017, it promised "one nation, one market." However, over time, the promise got buried under a maze of four slabs...

In the year 1999, the National Telecom Policy, 1999 (new policy) substituted the National Telecom Policy of 1994 (old policy).