Friday, April 5, 2019

Large Investments in Aditya Birla Telecom through Mauritius Entity not a Colorable Device to evade Tax: Bombay HC

The High Court of Bombay has ruled that Large investments in Aditya Birla Telecom through Mauritius Entity is not an instance of a colourable device to evade tax. While granting relief to the company, the Tribunal held that Aditya Birla Group’s telecom unit did not violate rules while receiving an investment of Rs 2,098.25 crore […]

The post Large Investments in Aditya Birla Telecom through Mauritius Entity not a Colorable Device to evade Tax: Bombay HC appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2ORAUCn

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