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TII BREAKING NEWS
 
TP - Comparables selected in previous assessment years need to be included in current year as well, in identical facts & circumstances: ITAT
TP - Adjustment on account of interest paid on NCDs cannot be made by ignoring internal CUP: ITAT
TP - Amortization of goodwill is an extraordinary item affecting normal profitability & should be treated as non-operating for purpose of computing PLI under TNMM:
TP - Outer time limit u/s 153 applies to final assessment order including transfer pricing determination and not merely to draft order: ITAT
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TII SPECIAL May 26, 2026
 
The Great Unchaining: Can India Escape China's Supply-Chain Grip?
By Dr Joshua Ebenezer

 

An analytical perspective on Decrees 834 and 835, geo-economic warfare, and what India must do next.

THE age of tariff wars was, in retrospect, almost quaint. When nations disagreed, they raised duties, filed WTO complaints, waited years for panels, and occasionally retaliated with counter-measures. The architecture of dispute was

 
TII EDIT May 25, 2026
 
India-Brazil revamped tax treaty
By D P Sengupta

INDIA and Brazil, both are original founder members of the BRIC grouping that subsequently became BRICS with the addition of South Africa and currently comprises Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa and UAE as full members. (BRICS+). Many see the grouping as a counter weight to

 
BULLETIN BOARD
 
New Delhi, Mar 05, 2026
Income Tax Amendment Rules 2026 notified; definition for central bank digital currencies i...
New Delhi, Jan 06, 2026
CBDT notifies certain pension funds u/s 10(23FE...
New Delhi, Nov 10, 2025
CBDT notifies protocol amending DTAA between India and Belgium...
New Delhi, Nov 06, 2025
I-T - ALP u/s 92C - CBDT notifies connotation of ‘wholesale trading’ in international ...
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TII BRIEF
 
Paris, May 26, 2026
G20 goods trade rises sharply in Q1 ...
New Delhi, May 14, 2026
Real household income grows in Q4 in OECD area ...
Paris, Mar 17, 2026
G20 economic growth tapers down to 0.7% in Q4 ...
Paris, Feb 25, 2026
Services trade expands modesty in Q4 of OECD Area ...
New Delhi, Feb 24, 2026
India-France inks Protocol to amend DTAA ...
 
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