corporate and professional updates 10 aug 2018 Direct Tax : Kerala HC reverses ITAT order, upholds CIT’s cancellation of registration in case of assessee-Trust (having objects of establishing a fund for… Read More
Corporate and professional updates 9th aug 2018 Direct Tax : Ahmedabad ITAT rejects assessee’s methodology towards adjustment and set off of brought forward loss and unabsorbed depreciation while calculating book… Read More
Direct Tax : ITAT remits issue whether price fixed under MAP concluded with USA in respect of call centre and share services transactions with US-AEs can be adopted in case… Read More
Direct Tax : Karnataka HC dismisses assessee’s appeal challenging ITAT-order on 2 comparables (Jeevan Scientific Technologies Ltd and ICRA Online Ltd) for assessee rendering ITeS to AE for AY 2011-12,… Read More
Direct Tax : Madras HC reverses ITAT order for AY 2000-01, Rejects Revenue's capital expenditure plea for non-compete fees paid by assessee-company (a television broadcasting co.) to one of its… Read More
Direct Tax : Indore ITAT rules that CIT is not empowered to direct AO to issue notice u/s 143(2) after expiry of normal limitation period, quashes time-barred assessment for AY… Read More
What's DIR-3 KYC web electronic form? If in any previous financial year the director has already filed the e-form DIR-3 KYC and all of his personal data such as name,… Read More
Government Fee for Company Registration The company is a popular choice for start-ups & businesses with higher growth aspirations to start up business in India. The company Pvt Ltd… Read More
DirectTax : SC dismisses Revenue’s SLP challenging Delhi HC judgement in case of Central Warehousing Corporation (‘assessee’); HC had held that depreciation not to be deducted while computing exempt income… Read More
As per companies act, 2013: - "Turnover" means the gross amount of revenue recognized in the profit and loss account from the sale, supply, or distribution of goods or on… Read More