Tag Archives: cbdt

CBDT notifies new Safe Harbour Regime: Govt.

In order to reduce transfer pricing disputes, to provide certainty to taxpayers, to align safe harbour margins with industry standards and to enlarge the scope of safe harbour transactions, the Central Board of Direct Taxes (CBDT) has notified a new … Continue reading

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Union Budget 2017 highlights: Govt.

Indian government presented the General Budget 2017-18 in Parliament here today. This is the first of its kind which included the Railway Budget. This year’s Union Budget also does not have Plan and Non-plan classifications and has been advanced by a … Continue reading

Posted in Administrative Law, Banking Law, Company Law, Constitution Law, Consumer Law, customs law, Employment Law, Excise Law, FDI, General Law, Income Tax Law, International Law, Labor Law, Notifications/Publications/Circulars, Real Estate, Sales Tax, Securities Law, Service Tax, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CBDT lays guidelines for identifying DC as a contract R&D service provider

Central Board of Direct Taxes (CBDT) noticed that there is divergence of views amongst the field officers and taxpayers regarding the functional profile of development centres engaged in contract R&D services for the purposes of determining arm’s length price/transfer pricing. … Continue reading

Posted in Company Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment