Legitimate Tax Planning Legal, Not Illegal….?

The recent ‘Order’ stating that ‘the Legitimate Tax Planning is Legal, Not illegal….?! by Mumbai Bench of Income Tax Appellate Tribunal in ‘Michael E Desa v. Income Tax Officer (International Taxation), [2021] 130 taxmann.com 314 (Mumbai – Trib.) and confidential financial secrecies termed ‘Pandora Papers’ by ‘International Consortium of Investigative Journalists’has compelled mainstream business media to cover the ‘Issue of whether legitimate tax planning is legal or not, as their headlines.The recent ‘Order’ stating that ‘the Legitimate Tax Planning is Legal, Not illegal….?! by Mumbai Bench of Income Tax Appellate Tribunal in ‘Michael E Desa v. Income Tax Officer (International Taxation), [2021] 130 taxmann.com 314 (Mumbai – Trib.) and confidential financial secrecies termed ‘Pandora Papers’ by ‘International Consortium of Investigative Journalists’has compelled mainstream business media to cover the ‘Issue of whether legitimate tax planning is legal or not, as their headlines.taxmann.com Latest ArticlesRead More

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