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NRI status essential for gift tax exemption: ITAT 12:36 PM \| July 20,2008 The gift tax exemptions will not be available to an NRI if he loses his special status on account of overstaying in India: Income Tax Appellate Tribunal (ITAT) FIND MORE ARTICLES ON: NRI ITAT gift tax exemption
ITAT makes it tougher for taxmen to impose penalty 03:52 PM \| July 17,2008 It ruled that in the absence of a discernible satisfaction about the concealment being recorded by the tax officer, the penalty proceedings had no meaning. FIND MORE ARTICLES ON: ITAT Penalty Taxmen
Ranbaxy to challenge ITAT order in transfer pricing case PTI 10:50 AM \| February 21,2008 According to ITAT, Ranbaxy had under-assessed its income by Rs224.5 crore during 2004-05 by not pricing appropriately goods and services sold to sister concerns abroad FIND MORE ARTICLES ON: Ranbaxy ITAT Transfer pricing AEs
Tax outgo of Rs17crore for VSNL 04:06 PM \| August 26,2007 In the event of the Income Tax Apellate Tribunal denying claim for tax exemption for a telecom project, VSNL may have to pay tax outgo that could go up to a whooping Rs1,000 crore FIND MORE ARTICLES ON: Vsnl tax outgo ITAT


NRI status essential for gift tax exemption: ITAT 12:36 PM \| July 20,2008 The gift tax exemptions will not be available to an NRI if he loses his special status on account of overstaying in India: Income Tax Appellate Tribunal (ITAT) FIND MORE ARTICLES ON: NRI ITAT gift tax exemption
ITAT makes it tougher for taxmen to impose penalty 03:52 PM \| July 17,2008 It ruled that in the absence of a discernible satisfaction about the concealment being recorded by the tax officer, the penalty proceedings had no meaning. FIND MORE ARTICLES ON: ITAT Penalty Taxmen
Ranbaxy to challenge ITAT order in transfer pricing case PTI 10:50 AM \| February 21,2008 According to ITAT, Ranbaxy had under-assessed its income by Rs224.5 crore during 2004-05 by not pricing appropriately goods and services sold to sister concerns abroad FIND MORE ARTICLES ON: Ranbaxy ITAT Transfer pricing AEs
Tax outgo of Rs17crore for VSNL 04:06 PM \| August 26,2007 In the event of the Income Tax Apellate Tribunal denying claim for tax exemption for a telecom project, VSNL may have to pay tax outgo that could go up to a whooping Rs1,000 crore FIND MORE ARTICLES ON: Vsnl tax outgo ITAT