No dichotomy between assurances and action on retrospective tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
Apr 07, 2016, 22:06 PM ISTTransfer pricing case: Bombay HC rules in favour of Vodafone, sets aside ITAT order
Transfer pricing involves related entities dealing at arm's length to ensure fair pricing of the asset that is transferred.
Oct 08, 2015, 17:37 PM IST