Special Focus
India Quarterly November 2010-January 2011

Special Focus Archive

Uruguay agrees double tax treaty with India
India Supreme Court rules on withholding tax again
Indian advisers anxious about transfer pricing under the DTC
Supreme Court rules on turnkey contracts
Another favourable royalty ruling for Indian taxpayers
India Quarterly's news analysis from around the world
UN calls for increased tax revenue to reduce poverty
Predicting India's future

For a long time the Indian tax community has bemoaned the unpredictability of the tax system. While the Direct Tax Code and a national goods and services tax, for example, promise to make things more stable, no one can claim to have a clear view of the future. Jack Grocott asks leading tax professionals to come up with some ideas about what might lie ahead.
Beyond the Samsung ruling

In September the Supreme Court delivered a significant ruling on the topic of withholding tax in India. This ruling was a victory for the taxpayers. However, as Sophie Ashley discovers, this topic should still be one of the top priorities for tax directors.
Concerns raised over India's IFRS preparation

As India prepares to converge its accounting rules with International Financial Reporting Standards, Salman Shaheen finds out that the country's tax system has some catching up to do
Rulings you need to be aware of

Litigation and India go hand in hand and court decisions have wide-reaching implications for all international companies in the country. Vispi Patel and Rajesh Athavale of Vispi T Patel & Associates dissect a number of recent rulings to show how these decisions will affect the operations of multinationals in India.
The DTC through a magnifying glass

Ashesh Safi and Geeta Ramrakhiani of Deloitte analyse the implications of the new direct tax code and discover that there is a lot more to the new code than meets the eye and that achieving a simple and efficient tax system is not an easy task.
Transforming India's transfer pricing landscape

With 2011 heralding a decade since transfer pricing provisions were introduced in India, Srinivasa Rao and Rajendra Nayak of Ernst & Young explain how recent landmark decisions are likely to have a significant impact on the next ten years of transfer pricing in the country.
Time to prepare for GST

With the April 2011 effective date for the country's GST looking unlikely to be achieved, Amrita Mitra of Grant Thornton argues that taxpayers should use this delay to their advantage and begin preparing for the new tax.
How to manage controversy and disputes

India, to most taxpayers, is synonymous with controversy and litigation. Dinesh Kanabar of KPMG provides a perspective on some areas of controversy and critically examines some existing dispute resolution mechanisms.