Mutual Agreement Procedure

CBDT resolves Rs 5,000-cr tax dispute with foreign cos under MAP

The tax department has resolved disputes involving Rs 5,000 crore with foreign companies in sectors like software and consultancy under the MAP scheme in past two years, a development that could provide comfort to overseas investors over taxation issues.

Feb 16, 2016, 22:44 PM IST

Arbitration not best way to settle tax disputes: CBDT chief

Arbitration is not the best way to resolve tax disputes, CBDT Chairperson Anita Kapur said , stressing that the Indian legal system is fair enough to deal with taxation issues.

Oct 13, 2015, 16:19 PM IST