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In yet another move to crackdown tax evasion, the directorate general of GST intelligence (DGGI) is conducting search operations at Indian offices of foreign airlines, including Etihad, Emirates, Saudi Airlines, Qatar Airways, Air Arabia, Oman Air, and Kuwait Airways, as reported by sources to CNBC-TV18.
The Income Tax Appellate Tribunal has held that the buyback, which resulted in a change in shareholding pattern and an artificial shift in Cognizant's shareholding base from the USA to Mauritius, was aimed at availing benefits under the Double Taxation Avoidance Agreement.
Vogue Philippines has shattered norms and embraced true beauty by featuring the oldest model ever to grace its cover.