Retro tax

New guidelines for Vodafone retrospective tax settlement notified

by
New guidelines for Vodafone retrospective tax settlement notified

[ad_1] India Thursday notified recent guidelines to facilitate settlement of the retrospective tax dispute with British telecom firm Vodafone. The Central Board of Direct Taxes notified ‘ Rest of Validation( part 119 of the finance act) Guidelines prescribing the types and situations for the declaration to be filed by the corporate for setting its case. … Read more

Separate guidelines quickly for Vodafone retrospective tax settlement

by
Separate guidelines quickly for Vodafone retrospective tax settlement

[ad_1] India will quickly notify a separate algorithm to facilitate settlement of its retrospective tax dispute with British telecom firm Vodafone, a senior authorities official advised ET. Vodafone had confronted validation of tax demand underneath Part 119 launched within the Finance Act 2012, as distinct from the others, and therefore, guidelines additionally must be issued … Read more