Tag Archives: Nitin Narang

ITAT upholds Income Tax deparment’s assessment against Vodafone- Nitin Narang

The income tax appellate tribunal (ITAT) has upheld the arm’s length price (ALP) adjustment against Vodafone India Services by the income-tax department. However, the Ahmedabad bench of the tribunal said that the department needed to modify the order that attributed Rs 1,588 crore as business income to the assessee and recalculate the liability of the firm under capital gains.

Nitin Narang, Executive Director shares his views on aforementioned story for following publications:

  1. Business Standard
  2. Financial Express

Tax Disputes Over BMW, Suzuki Show Facts Work Best- Nitin Narang

Multinational companies operating in India continue to face transfer pricing litigation due to government’s lack of guidance on the tax treatment of marketing intangibles, but practitioners say there are fact­based arguments that could help taxpayers in court.

Nitin Narang, Executive Director-Transfer Pricing shares his views on aforementioned story for Bloomberg BNA

Tax Disputes Over BMW, Suzuki Show Facts Work Best- Nitin Narang

CBDT relaxes norms for MAP & APAs- Nitin Narang

India’s apex direct taxes body has said it will accept transfer pricing applications for mutual agreement procedure (MAP) and bilateral advance pricing agreement regardless of presence of a specific provision in the double taxation avoidance agreements (DTAAs).

Nitin Narang, Executive Director- Transfer Pricing shares his views on aforementioned story for following publications:

  1. Economic Times
  2. Indian Express
  3. Financial Express
  4. The Hindu

CBDT relaxes norms for MAP - Nitin Narang

CBDT relaxes norms for MAP & APAs- Nitin Narang

CBDT relaxes norms for MAP & APAs- Nitin Narang Nangia Advisors LLP