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Income Tax law

  • Economy

    IT authorities accuse BBC of diversion of profits, violating transfer pricing rules

    by IN Bureau February 14, 2023
    by IN Bureau February 14, 2023

    The Income Tax department conducted a survey on the British Broadcasting Corporation (BBC) premises in Delhi for alleged non-compliance with the transfer pricing rules and its vast diversion of profits. …

  • Economy

    Taxpayers to benefit as Govt decriminalises some offences under Income-tax law

    by IN Bureau September 18, 2022
    by IN Bureau September 18, 2022

    In conformity with the Government’s policy of facilitating ease of doing business and decriminalisation of offences, the Central Board of Direct Taxes (CBDT) has issued revised guidelines for compounding of …

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