The Supreme Court of India has dismissed an appeal filed by some regional film associations against a Competition Commission of India order penalising them for anti-competitive practices, in a victory for movie producers Reliance Big Entertainment and UTV.

IBM India has been asked to prove that revenue to the tune of Rs 6,000 crore during 2007-08 was from export of software under a special incentive scheme. The order by the Income Tax Appellate Tribunal, the first of its kind, has implications for the entire industry which has claimed tax rebates under the Software […]