Thursday | 23 Oct 2014
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ITAT allows benefit of second proviso to sec. 40(a)(ia) in case of payment to NR; Non-discrimination clause invoked


IT/ILT: Rigour of disallowance of payment under Section 40(a)(ia) is relaxed in case of payment to resident if recipient pays taxes on such sum and files...

No denial of registration to trust on non-commencement of charitable activities without considering its objects


IT: Application for registration under section 12AA could not be rejected on ground that assessee had not started its activities or its objects were...

Sec. 12AA registration denied as medical trust was collecting sum on assurance of admission in college


IT : Where assessee trust formed with an object of running a medical college, started collecting unaccounted money on assurance of providing employment...

Hire charges paid to UAE ship operating in international traffic was taxable only in UAE as per India-UAE DTAA


IT/ILT: Where for purpose of export, assessee hired vessel owned by a UAE company which operated only in international traffic/waters between India and...

Legal exp. incurred by developer to recover interest-free deposit from tenants was allowable as business exp.


IT : Licence fee paid by assessee to group resource company providing centralized resources to all group companies for availing valuable benefits, was...

Commission paid to foreign agents for procuring export orders wasn't covered under the ambit of 'FTS’


IT/ILT : Where assessee company paid commission to its non resident agents for services rendered for completion of its export commitment, assessee would...