Supreme Court agrees to hear an income tax department's appeal against Vodafone India in a transfer pricing case
1 min read13 May 2016The department has introduced the range concept for determination of arms length price and use of multiple-year data for undertaking comparability analysis
1 min read21 Oct 2015The court overruled the order of Income Tax Appellate Tribunal issued last year suggesting that the income tax dept has jurisdiction in this dispute
3 min read9 Oct 2015Order in Rs3,200 crore tax dispute case delivers a boost to overseas entities in similar litigation with income tax department
5 min read10 Oct 2014The revenue authorities are of the view that Vodafone should have been asked to pay at least 25% of the demand as deposit
1 min read22 Jan 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared