India: Draft notification on CbC reporting guidance released The OECD guidelines, which were updated in July 2017 to incorporate Action Plan 13 of the BEPS project, provide a minimum requirement of maintaining a three-tiered documentation system. By Rakesh Dharawat & Ajay Rotti October 26 2017
India: Delhi High Court restrains Vodafone’s international arbitration proceedings agai... In an ex-parte interim order, the Delhi High Court restrained Vodafone from initiating or continuing arbitration proceedings under the India-UK investment treaty. By Rakesh Dharawat & Hariharan Gangadharan October 02 2017
India: Bombay High Court upholds availability of benefits under the India-Mauritius tax... In a recent decision of the Bombay High Court, the availability of the capital gains exemption in India under the India-Mauritius tax treaty was upheld. By Rakesh Dharawat & Hariharan Gangadharan August 23 2017
India: MLI provisional list of reservations and notifications released India has provisionally notified its treaties with 93 countries (virtually all of its comprehensive tax treaties) as covered tax agreements for the purposes of the MLI. By Rakesh Dharawat & Hariharan Gangadharan July 11 2017
India: Important Supreme Court decisions on tax Two important judgments on tax matters have been pronounced recently by the Supreme Court. By Rakesh Dharawat & Hariharan Gangadharan May 30 2017
India: Capital gains exemption for listed shares; GST bills roll-out in sight Draft rules on capital gains exemption for listed shares released By Rakesh Dharawat & Hariharan Gangadharan & Niraj Bagri April 26 2017
India: India budget’s key tax proposals India's annual budget for 2017-18 was announced on February 1 2017. By Rakesh Dharawat & Hariharan Gangadharan February 28 2017
Revision of India-Singapore Tax treaty; De-notification of Cyprus as a ‘notified jurisd... The changes brought about by the Protocol are largely similar to the revised India-Mauritius tax treaty. By Rakesh Dharawat & Hariharan Gangadharan January 25 2017
India: Demonetisation of high currency notes in India With almost INR 14 million ($205,000) worth of INR 500 and INR 1,000 notes in circulation, this is so far probably the single biggest effort to root out black money... By Rakesh Dharawat & Hariharan Gangadharan & Niraj Bagri December 15 2016
India: Tax amortisation of goodwill In India, intangibles that qualify for depreciation under the Income-tax Act, 1961 (Act) are defined to include "know-how, patents, copyrights, trademarks, licenses, franchises and any other business or commercial rights... By Rakesh Dharawat & Hariharan Gangadharan October 26 2016
