‘NEW DELHI: In a major victory to Vodafone International Holdings, the Supreme Court on Friday set aside the Bombay high court judgement asking the company to pay income tax of Rs 11,000 crore, holding that tax authorities do not have jurisdiction on an overseas transaction.
An anti-tax abuse rule would make the tax code simpler – not more complex – the Prime Minister said yesterday.
Chris Sanger looks at the impact of increased consultation.
Erika Jupe and Clara Snow examine its pros and cons.
Helen Lethaby provides your monthly update.
Steven Bone on this year's main challenges in capital allowances.
Oil and gas industry representatives discussed ‘a range of fiscal issues’ with ministers yesterday at the first meeting of the Fiscal Forum, established last September ‘to encourage constructive discussion’ on tax issues.