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
Age Criteria of Directors under Companies Act, 2013 Brief Introduction Section 196 of the companies Act, 2013 contains provisions about Appointment of Whole Time Director/Managing Director or Manager in an exceedingly company. The section… Read More
Direct Tax : Agra ITAT allows Sec. 89 relief to assessee-employee with respect to arrears received in lieu of employer's contribution to an approved superannuation fund [taxable as perquisite u/s.… Read More
The new features of Form 3CD will be in effect from 20th August, 2018 to incorporate further reporting requirement related to Goods and Service Tax (GST), Transfer pricing, Statement of… Read More