The Moot Court Association of Government Law College organized The Nani Palkhivala National Tax Moot Court Competition (8th Edition) in association with the All India Federation of Tax Practitioners (AIFTP) and the Income Tax Appellate Tribunal Bar Association. The Moot was held from 13th – 15th October, 2011 and was dedicated to 150 years of the Bombay High Court. The competition saw participation from 26 of India’s best law schools. The final round of arguments were presided over by Hon’ble Mr. Justice Mohit S. Shah, Chief Justice, Bombay High Court, Hon’ble Dr. Justice D. Y. Chandrachud and Hon’ble Mr. Justice R. M. Savant, Judges, Bombay High Court

The OECD Committee on Fiscal Affairs has proposed important and far-reaching changes to the Commentary on Article 5 (Permanent Establishment) of the OECD Model Tax Convention

The Australian Tax Office has issued a Consultation Paper to discuss proposed changes to the Transfer Pricing Rules. Broadly, the changes are intended to align the law to the “Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations” issued by OECD in 2010 and other international law. From an Indian law perspective, the issues discussed in the Consultation Paper will have important bearing because similar issues arise in the Indian law as well.

Vide Order No 176 of 2011 dated 28.10.2011 the CBDT has transferred and posted Commissioners & Directors of Income-tax with immediate effect

Vide Order No 175 of 2011 dated 27.10.2011 the CBDT has announced that the President has appointed several IRS officers as Joint Commissioners of Income-tax with immediate effect

Vide Order No 174 of 2011 dated 24.10.2011 the CBDT has promoted, transferred and posted several Chief Commissioners of Income-tax with immediate effect