Tax Flash News

Tax Flash News
Tax laws in India are subject to interpretation by judicial authorities, and changes by way of amendments to the statute. Flash News enables you to stay abreast of the latest developments.
The Chennai Tribunal rejects the TPO’s approach of reducing cash discount, outward freight, and storage charges from selling price, with regard to computation of Gross Profit Margin7/21/2014
Draft SEBI Infrastructure Investment Trusts Regulations for public comments7/21/2014
Retrospective amendment, short deduction of TDS should not attract disallowance under Section 40(a)(ia) with respect to payment of placement fees7/17/2014
The Delhi High Court upheld the Tribunal’s ruling, that trading intermediary (‘Sogo Shosha’ in Japanese context) is akin to trading activities, not provision of service7/16/2014
Reopening completed assessments under Section 153C of the Income-tax Act and making reference to transfer pricing is invalid when no incriminating material found during search7/14/2014
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 Tax and Regulatory 

Enhancing a shareholder's value is a fundamental concept which drives every management effort in the modern business environment. Progressive and bottom-line focussed managements have realized that taxes (both direct and indirect, domestic and international), should be viewed as a dynamic item of cost rather than a passive charge on the profits.

Indeed, an effective tax-cost management provides a distinct competitive advantage. This requires the application of appropriate tax strategies proactively identified and surgically implemented.


We have developed a total tax management capability which encompasses the entire spectrum of direct, indirect and personal taxes. Our approach to tax planning is multi-jurisdictional. We, together with other member firm's offices spread across the globe, can provide quality national and international tax advice.


Our professionals are drawn from a wide variety of backgrounds. Industry specialization, service line specialization, international exposure and advanced training equips them to work with our clients and be their advisors in a wide spectrum of their business processes.


Webinar - Companies Act 2013

Webinar - Companies Act 2013
KPMG in India had organized a Webinar on 03 October 2013 to help you get a better understanding of the Companies Act 2013. Click the link above to view the recording of the webinar.