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Shell Gas Bv

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I-T dept loses Rs 18,000 cr case against Shell

On the heels of it losing a similar case against telecom major Vodafone, the Income Tax department lost its Rs 18,000-crore (Rs 180 billion) transfer pricing cases against oil major Shell India at......

Toyota, Mitsui, Marubeni to sign first set of pricing pacts

Image: Toyota Innova. Photograph: Kind Courtesy, Toyota Mitsui, Toyota and Marubeni are likely to be among Japanese companies that would sign the first set of bilateral advance-pricing agreements......

India may sign tax sharing pact with Japanese MNCs

Indian tax authorities are likely to soon sign their first bilateral advance-pricing agreements (APAs) with a clutch of Japanese trading companies. These agreements are designed to avoid conflicts......

Cabinet to take call on Vodafone tax dispute: FM

Finance Minister P Chidambaram on Wednesday said the Union Cabinet will take a final call on settlement of the Rs 11,200-crore (Rs 112 billion) Vodafone tax case after seeking opinion of the......

I-T dept gets tough on taxation of transfers within MNCs

India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office......

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