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TII BREAKING NEWS
 
TP - ALP of corporate guarantee provided by taxpayer to foreign bank for facilitating raising of loans by its foreign AE needs to be determined
TP - If taxpayer has advanced loan to its AE, then rate of interest would be based upon rates prevailing in country where loan is
TP - Aggregation approach has to be adopted as envisaged in Rule 10A (d) on transaction of export of goods with AEs: ITAT
TP - There should be no assessment order in respect of non-existent entity: HC
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TII SPECIAL Feb 19, 2021
 
World Needs A New Order To Avoid Covid-fired Debt Crisis
By Naresh Minocha

THE Covid-19 virus is turning out to be more lethal than dozens of Hydrogen Bombs. Leave aside for a while human tragedy reflected in the death of a few million & health issues faced by countless survivors. Think of pandemic-linked economic destruction including steep rise in unemployment and poverty.

Worry

 
TII EDIT Mar 24, 2021
 
Pitfalls of the platform economy
By D P Sengupta

IN recent days two decisions were rendered relating to the status of gig /platform workers. Both relate to the cab hailing App Uber. One of them rendered by the UK Supreme Court is path breaking and is making waves across the world. The other rendered by an Indian Tribunal follows

 
BULLETIN BOARD
 
New Delhi, Apr 13, 2021
CBDT posts Dr Sri Vatsa Sehra & Apoorv Tiwari as Under Secretary (FT & TR-II)...
New Delhi, Apr 07, 2021
Making references to the Approving Panel under the provisions of General Anti-Avoidance Ru...
Iran, Apr 02, 2021
CBDT notifies DTAA between India and Iran...
New Delhi, Apr 01, 2021
CBDT modifies I-T Rules; inserts new provision for furnishing audit report...
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TII BRIEF
 
Geneva, Apr 17, 2021
WTO's Ministerial Conference scheduled for Nov 30-Dec 3 in Geneva ...
Washington, Apr 16, 2021
WB launches early IDA20 replenishment as COVID-19 response...
Paris, Apr 16, 2021
OECD employment rate rises 1% in Q4 of 2020...
Paris, Apr 16, 2021
Policy reset can deliver stronger post-pandemic recovery: OECD...
Paris, Apr 14, 2021
COVID-19 lifted foreign aid to all-time high in 2020: OECD ...
 
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