In the world of transfer pricing, defining the scope and boundaries of adjustments is crucial for maintaining fairness and accuracy in tax administration. The recent ruling in Indorama Ventures Oxides Ankleshwar Pvt. Ltd. vs. Income Tax Department
Transfer pricing has long been a contentious area in taxation, as it determines the arm’s length price (ALP) of transactions between associated enterprises (AEs). One key element in transfer pricing analysis is selecting the right comparables to
The Income Tax Appellate Tribunal (ITAT), Chennai, recently delivered a significant ruling in the case of RKM Powergen Private Limited, which raised key issues about the treatment of share premium as “income from other sources” under Section
The issue of tax residency and the benefits under Double Taxation Avoidance Agreements (DTAA) has been a topic of growing importance in the international tax arena, particularly in cases where multinational entities claim tax treaty benefits. One
