Latest News on Itat
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Itat - Total results - 7
Apr 25, 2018
ITAT ruling helps Flipkart avoid Rs 110 crore tax demand for now; case could go to the high courtITAT, in a big relief to Flipkart, ruled out tax department’s argument that marketing and discounting expenses of the etailer to be characterised as capital expenditures
Jul 19, 2017
ITAT upholds $150 mn tax demand on NDTV, penalty proceeding to begin soonThe tax department had alleged that Rs 218.30 crore was the tax that was sought to be evaded on investment of Rs 642.54 crore. It had sought a penalty of Rs 436.8 crore at the rate of 200 percent of tax evaded.
Apr 10, 2017
Cairn Energy gets fresh demand notice from tax dept, this time for Rs 10,247 crITAT in its 9 March order held that Cairn Energy was liable to pay tax on the 2006 transfer of India assets to newly created Cairn India, prior to its listing.
Apr 05, 2017
To save income tax, do you give fake rent receipts? You may be in for a shockThe ruling by the Mumbai tax tribunal is likely to set a precedent and the salaried class is likely to come under the scanner
Mar 10, 2017
Cairn liable to pay Rs 10,247 cr capital gains tax but not interest on it, says tax tribunal ITATITAT held that Cairn Energy was liable to pay the tax on share transfer it did through an internal reorganisation of its India business in 2006, prior to getting Cairn India listed on stock exchanges
Jan 02, 2014
Vodafone seeks to club all cases for settlement of tax disputesThe company suggested that a transfer pricing case before the Income Tax Appellate Tribunal (ITAT) should be clubbed with the Rs 11,200 crore capital gains tax dispute, the sources said.
Dec 27, 2013
Vodafone gets breather from ITAT in tax disputeThe ITAT agreed to a compromise solution offered by Vodafone, wherein the company would pay Rs 200 crore of the demanded Rs 3,700 and offer corporate guarantees for the balance.