CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 22nd 2017 DIRECT TAX UPDATES: ITAT Kolkata held that without rejecting the books of account, the ad hoc disallowance made is not sustainable in the… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 21 2017 DIRECT TAX UPDATE : Delhi ITAT allows deduction for provision regarding year-end circuit accruals (i.e. infrastructure cost and last mile charges paid to… Read More
CORPORATE AND PROFESSIONAL UPDATE 19 SEP 2017 Direct tax Madras HC confirms ITAT order, holds that commission paid by assessee-individual (engaged in garments exports) to an Indian agent on behalf… Read More
Direct Tax 1.Gov.has now set its sights on overhauling the 56-year-old direct taxes law covering income and corporation taxas it seeks to make the Indian regime more contemporary and tailor it… Read More
“GOODS & SERVICES TAX UPDATES” “Key Takeaways of 21st meeting of G.S.T Council held on 9th September 2017” 21st meeting of G.ST Council was held on 9th September 2017 at Hyderabad wherein the following… Read More
GST Registration Cancellation-Requirements & Procedure BRIEF INTRODUCTION Cancellation of GST registration is quite a simple task, and the same can be done on the GST Portal, by just following a… Read More
CORPORATE AND PROFESSIONAL UPDATE 11 Sep 2017 Direct Tax: SC sets-aside HC order, holds HC was not justified in allowing the appeals filed by Revenue u/s. 27A of the Wealth… Read More
Valuation of Goods/Services under GST Valuation at Transaction Value If the recipient and supplier of Goods/Services are not related then the price actually paid or payable is taken as the… Read More
CORPORATE AND PROFESSIONAL UPDATE August, 28 2017 Direct Tax: CESTAT held that data retrieved from CAs cannot be used as incriminating material against assessee. Shri. Mahalaxmi Distilleries Vs CCE (CESTAT… Read More
CORPORATE AND PROFESSIONAL UPDATE August 26, 2017 Direct Tax: Delhi ITAT upholds assessee's Resale Price Method (RPM) over TPO's TNMM for AYs 2003-04 to 2005-06 for benchmarking purchases of… Read More