CBDT inks 2 unilateral APAs with taxpayers

CBDT inks 2 unilateral APAs with taxpayers The Central Board of Direct Taxes (CBDT) signed two unilateral Advance Pricing Agreements (APAs) with Indian taxpayers pertain to the Information Technology and automobile sectors. The international transactions covered in these two agreements include software development services, IT enabled services (ITES), manufacturing and business

No political party can accept donations in Rs 500 and Rs 1,000 notes: FM Arun Jaitley

No political party can accept donations in Rs 500 and Rs 1,000 notes: FM Arun Jaitley

At the 2016 Economic Times Awards for Corporate Excellence, Mumbai, on December 17, 2016, Finance Minister Arun Jaitley clarified that no political party can accept donations in Rs 500 and Rs 1,000 notes since they have been rendered illegal tender. Any party doing so would be in violation of

Swiss Leaks: Income Tax moves court to prosecute Congress leader Amarinder Singh for ‘foreign assets’

Swiss Leaks: Income Tax moves court to prosecute Congress leader Amarinder Singh for ‘foreign assets’, THE Income Tax Department has moved a Ludhiana court with a prosecution complaint against former Punjab Chief Minister Amarinder Singh for being an alleged beneficiary of foreign assets which were traced due to details emerging from the probe into Indians holding HSBC