Tag Archives: deal

Involuntary presence rules out resident status: DHC

The Delhi High Court recently ruled that the assesse is to be considered as non-resident Indian for the purposes of the Income Tax Act for the period for which he was in India ‘involuntarily’ on account of his passport having … Continue reading

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SC casts doubt over Comptroller and Auditor General’s report regarding Cairn-Vedanta deal

Casting a doubt over Comptroller and Auditor General’s (CAG) report relating Cairn-Vedanta deal of last year, the Supreme Court of India declined to accept the report. Dismissing the Public Interest Litigation challenging the approval granted by the Government of India … Continue reading

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