M Padmakshan

  • Feni to get global brand kick

    Feni to get global brand kick

    Here's raising a toast of India as Goa’s own drink seen ideal candidate for global brand slot.

    Loan transferred to arm can't be taxed

    Loan transferred to arm can't be taxed

    The Supreme Court held that tax cannot be levied on a corporate if it transfers borrowed money to its subsidiary or any other entity, if the transaction is driven by commercial reasons.

    Tax relief for intra-corporate advances

    Tax relief for intra-corporate advances

    In a far-reaching judgement on intra-corporate advances, the Supreme Court has held that tax cannot be levied on a corporate if it transfers borrowed money to its subsidiary or any other entity, if the transaction is driven by commercial reasons

    RIL pays Rs 444 cr as Q3 advance tax

    RIL pays Rs 444 cr as Q3 advance tax

    Reliance Industries (RIL) has paid Rs 444 crore as the third-quarter remittance of advance tax, taking the total tax remittance so far in this fiscal to Rs 1,102 crore.

    Russia's Sun eyes Meakins beer business

    Russia's Sun eyes Meakins beer business

    After Anheuser Busch and SABMiller, it’s now the turn of the Russia-based Sun group to join the fray for the beer business of Mohan Meakins, India’s oldest spirit and beer company famous for flagship brands such as Golden Eagle beer and Old Monk Rum.

    Fee for MNC hotel JV ally’s services escapes tax net

    Fee for MNC hotel JV ally’s services escapes tax net

    In a morale boosting verdict for multinational hospitality chains operating in India, the Income-Tax Appellate Tribunal (ITAT) held that tax cannot be levied on brand names and trademarks of international hotel chains operating in India.

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