Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: cpt :: VAT RATES :: TDS :: due date for vat payment :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
Transfer Pricing »
 Transfer Pricing adjustment for excessive marketing expenses taking a twist in India
 Indian secondary adjustments for transfer pricing: what you need to know about the new rules
 Interpretation Of Central Goods And Services Tax (CGST) Act (Part-10)
 CBDT notifies secondary adjustment rule in transfer pricing
  Revised Transfer Pricing Safe Harbour Rules Bring Cheer
 CBDT notifies secondary adjustment transfer pricing rules
 Revised Transfer Pricing Safe Harbour Rules Bring Cheer
 India Rationalizes 'Safe Harbor' Rates for Multinational Corporations
 India Rationalizes 'Safe Harbor' Rates for Multinational Corporations
 Tax officials preview coming OECD transfer pricing guidelines on financial transactions
 Transfer pricing future: It may largely evolve around presence of true value creators

Supreme Court to hear Vodafone transfer pricing case
May, 13th 2016

The Supreme Court on Friday agreed to hear an income tax department’s appeal against Vodafone India Ltd in a transfer pricing case.

A bench comprising justices Anil R. Dave, Adarsh Kumar Goel and newly-appointed D.Y. Chandrachud granted leave so that the case can be heard in full.

In April, the tax department said it would appeal the Bombay high court ruling on transfer pricing.

The high court had ruled that the income tax department did not have the jurisdiction regarding the sale of Vodafone’s call centre business to Hutchison Whampoa Properties and assignment of call options to Vodafone International Holdings BV in 2007-08.

The department, in a Twitter post, said, “In the case of one of the cases of Vodafone, it has been decided to file SLP before Hon’ble Supreme Court against the order of Mumbai HC. A substantial question of law has arisen on the issue of taxability of capital gains arising on the surrender of call option rights. Hon’ble High Court has held that surrender of option rights is not a transfer under the provisions of I-T Act. This ruling will have adverse effect in many other domestic cases also. As such it has been decided to challenge the said ruling.”

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions