On the heels of it losing a similar case against telecom major Vodafone, the Income Tax department lost its Rs 18,000-crore (Rs 180 billion) transfer pricing cases against oil major Shell India at......
Image: Toyota Innova. Photograph: Kind Courtesy, Toyota Mitsui, Toyota and Marubeni are likely to be among Japanese companies that would sign the first set of bilateral advance-pricing agreements......
Indian tax authorities are likely to soon sign their first bilateral advance-pricing agreements (APAs) with a clutch of Japanese trading companies. These agreements are designed to avoid conflicts......
Finance Minister P Chidambaram on Wednesday said the Union Cabinet will take a final call on settlement of the Rs 11,200-crore (Rs 112 billion) Vodafone tax case after seeking opinion of the......
India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office......