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.
Interest paid on partners’ capital is an expenditure and not a statutory allowance and hence liable for disallowance under Section 14A of the Income-tax Act2/10/2016
The balance 10 per cent of the additional depreciation can be claimed in the immediately succeeding financial year, to the year in which the machinery is installed2/10/2016
KPMG India Tax Konnect - February 20162/10/2016
The CBDT notifies the procedure for e-communication between a taxpayer and the Income-tax department2/9/2016
CBDT notifies changes in reporting rules for PAN and Annual Information Reporting2/8/2016
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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.


Girish Vanvari
Head of Tax