Tax & Regulatory

In an important decision in the case of Scope (P) Limited (“Scope” or “the taxpayer”), the Mumbai Bench of the Income Tax Appellate Tribunal (“Tribunal”) has ruled that income received by an investor....

In a recent ruling in the case of Vijai Electricals Ltd. (“Taxpayer”), the Hyderabad Bench of the Income-tax Appellate Tribunal (“Tribunal”), has held that an investment made in a foreign....