« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Esops could prove taxing for employees... Income tax raids on Era Constructions unearth Rs 53 crore... » SC to decide on expats' tax liability November, 03rd 2007 The Supreme Court will decide whether domestic companies must deduct tax at source (TDS) on expatriate staff salaries, and if tax can be levied on these employees on wages given abroad by foreign joint venture partners of the Indian firms. These issues have come up before the apex court in petitions filed by the income-tax department challenging a Delhi High Court order which held that Eli Lilly & Company (India) was not liable to pay tax on salaries paid to its expatriate employees by its foreign partner outside India. Eli Lilly India is a joint venture between domestic drug maker Ranbaxy Laboratories & Netherlands-based Eli Lilly. A bench headed by Justice H K Sema has admitted the petitions challenging the High Courts decision to upheld the Income Tax Appellate Tribunals order. The Tribunal had ruled that Eli Lilly India need not pay tax on salaries given to its expatriates by a different entity outside India. It had further held that under Section 191 of Income Tax Act, the expatriates were liable to pay tax directly where tax at source (TDS) had not been deducted. The income tax authorities had sought levy of around Rs 4.96 crore on the ground that the joint venture had failed to deduct TDS on salaries paid abroad to its four expatriate employees who have been on its roll since its inception.