With an ever-increasing tax litigation backlog, India last year introduced its new dispute resolution panels to reduce the workload. But with the first round of orders being issued imminently, Rajesh Kapadia of GM Kapadia & Co questions the effectiveness of this new option.
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The OECD had previously missed a June 30 deadline to agree an MLC on amount A; in other news, UK corporation tax bills surged to a record high last year