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TII BREAKING NEWS
 
TP - CUP is most appropriate method for computing ALP in case of medical transcription services rendered to AEs: ITAT
TP - A Call centre service provider, is not comparable to company dealing in engineering design and detailing services: ITAT
I-T - Once Revenue itself admits order passed to be draft assessment order, he cannot proceed to collect demand raised by him: ITAT
TP - Comparables furnished by assessee in its TP report needs to be properly examined, before determining ALP: ITAT
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TII SPECIAL Jan 10, 2017
 
Demonetization Hacks Direct-Indirect Taxes Synergy
By Naresh Minocha

BOTCHED Demonetization of high denomination notes in India & Venezuela should spur development of a zero-disruptive global strategy to tackle tax-evaded income and bribe money.

The strategy should be such that it complements growth of both direct and indirect taxes. It should discard blind zeal for increase in direct

 
TII EDIT Dec 22, 2016
 
FTS - Convenient effective connection with PE
By D P Sengupta

THE common perception about the Indian revenue is that it is always eager to find a PE of a foreign enterprise doing any business in India. There are some who sneer that even if one passes through the Indian airspace, one may create a PE in India. Exaggerated though this claim is, it is

 
BULLETIN BOARD
 
New Delhi, Jan 05, 2017
India-Sweden DTAA - Collection of taxes to remain suspended during MAP ...
Mumbai, Dec 28, 2016
Purchase and sale of securities other than shares or convertible debentures of an Indian c...
New Delhi, Dec 27, 2016
Rule 114F - Reitrement or pension funds - CBDT substitutes certain clauses to clarify cert...
New Delhi, Dec 16, 2016
Corrigendum to Notification No 114/2016, Dated 14.12.2016 ...
< More News >
 
TII BRIEF
 
New Delhi, Jan 19, 2017
India eyeing early TIEA with Panama ...
Paris, Jan 18, 2017
New approach needed to tackle rising drug prices, says OECD...
New Delhi, Jan 13, 2017
Economic growth marginally picks up in OECD economies in Q3...
New Delhi, Jan 13, 2017
China emerges as Bitcoin haven ...
New Delhi, Jan 09, 2017
Income tax launches over 200 prosecutions in Panama & HSBC cases ...
 
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