Supreme Court Admits EY US's ₹368-Crore Secondment Tax Case
Supreme Court order dated 26 October 2026 admits EY US LLP's SLP against a Delhi High Court ruling taxing its India secondment reimbursements (AY 2018-19 to 2022-23, approx. ₹368 crore) as Fees for Technical Services, reopening the Centrica 'lien and control' question. Notice returnable 1 December 2026.
Income Tax
Gujarat High Court dismisses two Revenue appeals (PCIT Rajkot-1 v. DML Exim, AY 2011-12 & 2012-13), declining to admit any of the Department's four questions of law on foreign agent commission TDS, export-contract cancellation charges, forex forward-loss speculation, and a Section 14A disallowance.