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IT industry raises service tax, TDS issues with Shome panel

Last Updated: Thursday, August 8, 2013, 15:31

Amidst its tax woes, the IT industry raised issue of service tax refunds and interpretation on tax deducted at source (TDS) on softwares with Finance Ministry's high-level committee.

Recommendations on retro-tax laws under examination: Govt

Last Updated: Friday, February 22, 2013, 16:30

The government on Friday said it is examining recommendations of the Parthasarathi Shome panel on controversial retrospective tax laws introduced in the last Budget.

Relief for Vodafone as Shome panel recommends prospective application of tax law

Last Updated: Wednesday, October 10, 2012, 08:51

In a recommendation that could give relief to companies like Vodafone, a Government-appointed committee on Tuesday favoured prospective application of tax law and waiver of interest and penalty in case of retrospective application.

Relief for Vodafone as Shome panel recommends prospective application of tax law

Last Updated: Wednesday, October 10, 2012, 08:51

In a recommendation that could give relief to companies like Vodafone, a Government-appointed committee on Tuesday favoured prospective application of tax law and waiver of interest and penalty in case of retrospective application.

GAAR panel likely to submit final report today

Last Updated: Sunday, September 30, 2012, 12:00

The Parthasarathi Shome panel, looking into the taxation issues relating to GAAR (General Anti-Avoidance Rules), is likely to submit its final report to Finance Minister P Chidambaram on Monday.

Final GAAR report by end of the month: Shome

Last Updated: Friday, September 21, 2012, 15:40

The Parthasarathi Shome panel, which is looking into the taxation issues relating to GAAR (general anti-avoidance rules), is likely to submit its final report by end of the month.