 | Powers, functions and jurisdiction of Dispute Resolution Panel at Headquarters Delhi and MumbaiRead More |
| Payment towards VSAT/Transaction charges made by a Stock Broker to Stock Exchange is not fee for technical services u/s 194JRead More |
| Section 8(1)(h)/(j) of RTI Act, 2005 cannot be applied to claim exemption from disclosure of information, provided by an assessee to Department for purposes of income-tax assessment, to third partyRead More |
| It is wrong to disallow first year’s brought forward expenditure of a project in second year by branding it as ‘prior period expenditure’ because unless entire expenditure is considered at the end of project correct amount of profit cannot be finally determinedRead More |
| New Tax Code should retain exemptions to SEZs: Commerce MinistryRead More |
| Long-term Capital Gains may make it to DTC regimeRead More |
| Amounts falling under Section 44BB of I.T. Act have been excluded from the purview of the royalty definitionRead More |
| Indo-US Treaty: Orientation towards business and inculcation of entrepreneurial outlook does not really amount to “making available” technical knowledge, experience or skills of experts of an American IC2 InstituteRead More |
| Indo-UK DTAA: Receipt in nature of referral fee for rendering referral services by applicant-British Company from Indian based recruitment company cannot be subjected to tax as business profits in view of provisions of TreatyRead More |
| Interest on loan taken for repayment of earlier loan taken for business purposes is not allowable u/s 24(1)(vi)Read More |
| Depreciation : Requirement of second proviso to rule 5(1A) of IT Rules is satisfied if option is exercised before expiry of due date of filing of return of income u/s 139(1) of IT Act, 1961Read More |
