Nishith Desai Associates

Locations

The Income Tax Tribunal - Mumbai, India relieves the employer from liability to make up shortfall of tax at source on salary to employee.

07-06-2000

Tax Holiday to be extended to revenues from "On-Site" Services provided by Software companies

08-25-2000

Tax Rates of foreign telecasting companies to be revised

08-28-2000

Corporates covered under the Minimum Alternate Tax (MAT) provisions would be liable to pay Advance taxes

09-13-2000

IT Sectors notified for tax holidays

09-28-2000

Indian Software professionals to be subject to the same rate of tax

10-03-2000

All income tax returns shall not be subject to scrutiny

10-31-2000

Deferred Tax to be shown as liability in the books of Accounts

11-07-2000

The High Court refuses to grant a stay against the CBDT Circular reaffirming India-Mauritius Tax Treaty benefits

11-22-2000

Surcharge on Corporate tax proposed to be increased by 1%

12-14-2000

Index Futures trading, treated as speculation

12-29-2000

Consolidation of financial statements to be compulsory from April 1, 2001

01-05-2001

Transfer Pricing Regulations to include penalties to check fraudulent transfer pricing

01-06-2001

PIL challenges Foreign Television Companies' Tax on Advertising Income

02-22-2001

Capital gains earned by Private Equity Funds to be taxed as Business Profits

03-27-2001

Computation of Capital Gains upon Amalgamation of Companies

04-16-2001

Indian Government proposes tax-friendly reforms

04-24-2001

The Indian Union Budget 2001 - 2002

04-27-2001

FOREIGN INSURANCE COMPANIES NOT LIABLE TO TAX IN INDIA

05-15-2001

Indian Government issues draft ESOP Guidelines

07-02-2001