Monday, February 15, 2010

HC STAYS ORDER FOR ORACLE INDIA’S TAX AUDIT

The Delhi High Court stayed the Government’s order directing a special audit of tax returns filed by
information technology company Oracle India. A division bench comprising justices BD Ahmed and
Siddharth Mridul stayed the order passed by the Income Tax Department on December 29, 2009,
directing for a special audit of the returns filed by the company for 2006-07.

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