Tag Archives: India

Indian Tax Authorities Show UK How it’s Done

The Indian tax authorities have a reputation for standing up for India and Indian tax law, and that includes US multinationals operating there. Sadly a lot of spin has been directed at the Indian authorities. In a dignified but robust … Continue reading

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Indian Authorities not Appeal Vodaphone Tax Ruling

Indian authorities have announced they will not appeal the Bombay High Court ruling, in 2014, against them in the long-running tax and transfer pricing dispute with Vodaphone. India has been forthright in pursuing tax claims, some retrospective, against big multinationals. … Continue reading

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A Great Victory: FMX Food Merchants v HMRC TC/2011/4985, 29/Nov/13

Following my win of a £1/2 million customs duty case for garlic importer FMX Food Merchants against HMRC in November, I have had several enquiries about this area of tax. Essentially, the Tax Tribunal held, following my submissions, that there … Continue reading

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Indian Grand Prix not Delayed by Tax Dispute

The Indian Supreme Court has postponed a tax challenge to the Indian Formula 1 grand prix motor race until after the race this weekend. A public litigation interest challenge, trying to get the race cancelled, claimed the motor race was … Continue reading

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India Flexes its Tax Muscles

India is increasingly making an impact as a G20 member by standing-up to global multi-nationals. The long-running dispute with Vodaphone is well known and just recently another multinational had its assets in India frozen for a while. Obviously retrospective tax … Continue reading

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Indian 2013 Budget Delivers Tax Changes

“The Government is seeking to press ahead with three major tax initiatives: the introduction of a Direct Tax Code (DTC), General Anti-Avoidance Rules (GAAR), and a goods and services tax (GST).” # Certainly getting their house in order! http://tax-news.com/news/Indian_2013_Budget_Delivers_Tax_Changes____59968.html Eamon … Continue reading

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Indian Tax Revenues Underperform

“Indian gross tax revenue for the first nine months of the current financial year fell significantly short of Finance Ministry targets, in spite of year-on-year growth of 15%” Chidambaram’s budget will be unveiled tomorrow! http://tax-news.com/news/Indian_Tax_Revenues_Underperform____59940.html Eamon McNicholas Tax Barrister, Accountant … Continue reading

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