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.
Delhi High Court declines to examine the taxpayer’s claim for grant of tax holiday benefit under Section 10A while rejecting the taxpayer’s contention that units approved under a single regulatory license were separate and independent5/4/2015
Discount/incentive given by a distributor to dealers and retailers for postpaid and prepaid connections is commission and is subject to withholding of tax5/4/2015
Profit methods may not be the Most Appropriate Method for intra-group services which are in the nature of expense transactions; Filing of voluminous correspondence, reports insufficient to discharge 'benefit' test5/4/2015
Proposed amendments to the Finance Bill, 20155/1/2015
Delhi High Court rules that higher or abnormal profits / losses cannot be a factor for exclusion of a comparable4/30/2015
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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.