The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has granted relief to Toyota Kirloskar Motor on transfer pricing adjustment relating to royalty payments made to Toyota Motor Corporation, Japan, and Toyota Motor Asia Pacific, Singapore. However, in a verdict last month, the appellate body dis- missed Toyota Kirloskar’s appeal against the payment of dividend distribution tax (DDT) using the[Read More…]
Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions Tata Motors, in a strategic move, has inked a Memorandum of Understanding (MoU) with Bandhan Bank to facilitate convenient financing solutions tailored for its commercial vehicle clientele. This collaboration entails Bandhan Bank extending financing options across Tata Motors’ entire commercial vehicle portfolio. Leveraging the bank’s expansive[Read More…]
Zomato leases its largest warehousing space in the country in Bengaluru Zomato, the leading online food delivery platform, has secured its largest warehousing space in India, leasing 300,000 square feet at the Sumadhura Logistics Park in Bengaluru’s Hoskote. This move aligns with Sumadhura Group’s ambitious investment plans, with an initial infusion of Rs 600 crore earmarked for the first phase[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
SIAM Highlights India’s Biofuel Push at 2025 Conference 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
