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Samples in periodicals archive:
On 28th February, 2014, the Cabinet deferred consideration of a proposal of the Department of Revenue to withdraw from the conciliation talks with Vodafone and advised that efforts be made towards expeditious adjudication of the transfer pricing dispute with Vodafone India Services Private Limited in the Income Tax Appellate Tribunal (ITAT).
The Income Tax Appellate Tribunal ( ITAT) had in December stayed the ` 3,700 crore tax claim by the I- T Department on Vodafone India in the transfer- pricing dispute.
Chief Guest Jawaid Masood Tahir Bhatti, Chairman, Income Tax Appellate Tribunal on the occasion informed the audience that several litigations find taxation law very technical and hard to handle.
India's Income Tax Appellate Tribunal (ITAT) held that Mastek's (the taxpayer) UK subsidiary was not undertaking merely marketing activities and should be classified as a distributor.
By ordering deletion of Rs 5,739 crore from the telco's taxable earnings, the Delhi bench of the Income tax Appellate Tribunal (ITAT), has provide major relief to Bharti Airtel.
THE Income Tax Appellate Tribunal stayed a ` 3,700- crore tax claim by the I- T Department on Vodafone India in a transfer- pricing dispute on Friday.
The Departmental viewpoint was reversed by the Commissioner Income Tax (Appeals), Karachi, and the Income Tax Appellate Tribunal as well, so failure to allow the basic exemption to the Complainant was, therefore, illegal, unjustified and amounted to maladministration.
The Income Tax Appellate Tribunal recently upheld the decision of Large Taxpayers Unit (LTU), Islamabad and confirmed the payable tax amount of 8.