![CBDT exempts Non-Resident, Foreign Company from furnishing Income Tax Return [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/10/CBDT-Non-resident-foreign-company-return-of-income-Taxscan.jpg "CBDT exempts Non-Resident, Foreign Company from furnishing Income Tax Return [Read Notification]")
CBDT exempts Non-Resident, Foreign Company from furnishing Income Tax Return [Read Notification]
The Central Board of Direct Taxes (CBDT) exempts Non-resident and foreign companies from furnishing Income Tax Return subject to some conditions. ...
![If there are Similar Transactions of Services with both Related and Unrelated Parties and Price is Comparable, It is taken to be at Arm’s Length Price: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Arms-Length-Price-Taxscan.jpg "If there are Similar Transactions of Services with both Related and Unrelated Parties and Price is Comparable, It is taken to be at Arm’s Length Price: ITAT [Read Order]")
![Vodafone Loses Tax Case: ITAT upholds ALP Adjustment following SC Verdict [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Vodafone-Cenvat-Credit-Taxscan.jpg "Vodafone Loses Tax Case: ITAT upholds ALP Adjustment following SC Verdict [Read Order]")
![No Penalty If determination of Arm’s Length Price has not lead to any Transfer Pricing Adjustment, with no effect on income of the assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty If determination of Arm’s Length Price has not lead to any Transfer Pricing Adjustment, with no effect on income of the assessee: ITAT [Read Order]")
![Split Verdict in Mitusubishi’s TDS Case: Delhi HC Refers the matter to Chief Justice [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Mitsubishi-Taxscan.jpg "Split Verdict in Mitusubishi’s TDS Case: Delhi HC Refers the matter to Chief Justice [Read Judgment]")
Govt Notifies Multilateral Competent Authority Agreement on Exchange of Country-by-Country Reports [Read Notification]
The Central Government notified the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country (CbC) reports in terms with the OECD recommendations. On May 2016, India had...
![Govt Notifies Multilateral Competent Authority Agreement on Exchange of Country-by-Country Reports [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/06/Central-Board-of-Direct-Taxes-CBDT-Tax-Scan.jpg "Govt Notifies Multilateral Competent Authority Agreement on Exchange of Country-by-Country Reports [Read Notification]")
TPO cannot Go Beyond a Remand Order when such Remand was based on a Specific Finding: Delhi HC [Read Judgment]
In a recent ruling, the Delhi High Court found that the Transfer Pricing Officer (TPO) cannot go beyond a remand order when such remand was based on a specific finding. The division bench comprising...
AO is bound to give notice and Speaking Order before referring a matter to the TPO: Gujarat HC [Read Judgment]
In a recent decision, the division bench of the Gujarat High Court held that the Assessing Officer is liable to issue a Show Cause Notice and a speaking Order before referring a case to the Transfer...
India–USA Bilateral Competent Authority agrees to resolve 66 MAP cases relating to Transfer Pricing issues
India–USA Bilateral Competent Authority MAP/APA Meeting – Resolution of more than 100 cases under MAP and Agreement on terms and conditions of First ever Bilateral APA involving India and USA. ...
Transfer Pricing Proceedings can be initiated against the Company, If the directors held more than 20% Shares in an Associate Enterprise: Gujarat HC [Read Judgment]
The High Court of Gujarat while refusing to interfere with the transfer pricing proceedings initiated against a Company, observed that there is prima facie material to show that the directors of the...
