The Income Tax Appellate Tribunal has dismissed the revenue department's appeal in a transfer pricing case related to BBC World India Pvt Ltd for AY 2004-05....
Transfer pricing is a mechanism or mode by which several MNCs attempt to evade tax. In the process, companies operating globally, shift profits earned in a particular nation to other where the rate of taxation is way below, this ...
The Income Tax Appellate Tribunal (ITAT), on Friday, stayed a Rs.3,700-crore tax claim by the I-T Department on Vodafone India in a transfer-pricing dispute, and asked the telecom company to deposit Rs.200 crore as initial payment and submit bank guarantees for ...