Dear Subscriber,
Mohan Parasaran Won The Vodafone T. P. Battle But Will Harish Salve Win The War?
The war for supremacy in the Vodafone transfer pricing controversy has thrown fascinating insights into the brilliant strategies adopted by two of the finest legal minds in the Country, Harish Salve and Mohan Parasaran. Mohan Parasaran has drawn first blood but Harish Salve has his foot firmly in the door. Will Mohan be able to dislodge him? At stake is Rs. 1400 crore
Regards,
Editor,
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Latest:Vodafone India Services Pvt. Ltd (No. 2) vs. UOI (Bombay High Court)
Transfer Pricing: Existence of income is a jurisdictional requirement for the applicability of T. P. provisions. AO must deal with it after giving personal hearing before making reference to TPO. The dept should not treat the assessee as an adversary who has to be taxed, no matter what
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