M Padmakshan

Oct 23, 2019, 06.29 AM IST

M Padmakshan

  • Global experts split over ITAT’s MNC taxation ruling

    Global experts split over ITAT’s MNC taxation ruling

    The Income-Tax Appellate Tribunal’s decision, on taxability of MNCs operating in India, held that revenue generated in India by the foreign company is taxable in India even if they operate through an agent.

    AAR paves way for cap gains tax on Vodafone

    AAR paves way for cap gains tax on Vodafone

    In a decision that may boost the income-tax department’s chances of bringing the $11.1-billion deal between Hutchison International and Vodafone into the tax net, the Authority for Advance Rulings (AAR) has held in a similar case that transaction of Indian shares between two foreign entities is liable for capital gains tax in the country.

    Overseas firms off-mkt deals in 10pc tax net

    Overseas firms off-mkt deals in 10pc tax net

    Non-resident companies selling shares in off-market deals will have to pay only 10 pc tax on long-term capital gains. Home finance and tax rebates | Day in pics

    AAI auditors fault Dahisar land deal with MIAL

    AAI auditors fault Dahisar land deal with MIAL

    The audit department of the Airports Authority of India (AAI) has objected to the AAI board’s decision to give away half of the land it owns at Dahisar, to the recently-formed joint venture company Mumbai International Airport Ltd (MIAL).

    Harshad's widow seeks stay on RIL share sale

    Harshad's widow seeks stay on RIL share sale

    Jyoti Mehta, widow of late big bull Harshad Mehta, has filed a petition before the special court trying the 1992 securities scam cases seeking a stay on the sale of over 24 lakh shares of RIL belonging to the Harshad Mehta group.

    Vodafone I-T case put off till December 11

    Vodafone I-T case put off till December 11

    The Bombay High Court made an observation on the ongoing debate over whether income-tax authorities are right in demanding capital gains tax on the recently concluded $10-billion sale of Hutch Essar to telecom major Vodafone.

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