News

Proposed UN sub-committee on Article 9 includes 2 Indians; Mandates work on TP-Manual update

Taxsutra learns that 2 Indians, Rajat Bansal (Joint Secretary, Ministry of Finance) & leading tax expert TP Ostwal, are likely to

Nov 10,2017

Final & draft CbCR Rules largely similar; Prescribes TT buying rate for Forex conversion

Final CBCR and Master File Rules largely similar to draft Rules except for changes in Form No and other minor

Nov 01,2017

CBDT notifies final rules on CBCR and Master File

CBDT notifies final rules on CBCR and Master File; Rs 500 cr revenue threshold retained for Master File applicability

Oct 31,2017

Madras HC stays Single Judge order, admits Hyundai's appeal against Rs. 800 cr TP addition

Madras HC Division Bench stays Single Judge order, directs TPO not to give effect to DRP order enhancing the TP addition from Rs.

Oct 31,2017

CBDT extends due-date for furnishing CbCR for FY 2016-17 to March 31, 2018

CBDT extends ‘due date’ for furnishing Country by Country Report (CbCR) u/s 286(2) for accounting year 2016-17 to March 31, 2018;

Oct 25,2017

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