corporate and professional update dec 10, 2016
Professional Update For the Day: Direct Tax:- TPO has to give reasons why one particular TP method is chosen over others Honda Motorcycle & Scooters India (P.) Ltd. v.Assistant Commissioner of Income-tax, Circle-2, Gurgaon [2016] 76 taxmann.com 75 (Punjab & Haryana) License fee to use a software not liable to TDS as it wasn’t taxable as royalty …