Tag: tax authorities
Posted in Economy
Global investors against use of judicial anti-avoidance rule by tax officials
Mumbai: International investors have voiced their concerns to Indian tax authorities over the use of the ‘judicial anti-avoidance rule‘ by Income-tax officials to deny reliefs….
Posted in Economy
Officials can deny benefits if tax relief found sole motive
New Delhi: India has empowered tax authorities to deny treaty benefits on Mauritius-routed investments where securing tax relief was one of the principal purposes of…
Posted in Economy
BRICS should work together on transfer pricing as disputes burden developing nations: FM
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying…
Posted in Economy
Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profits
Mumbai: More than 400 well-heeled individuals across India will be pulled up by the tax authorities for hiding their crypto trades on Binance, the world’s…