CORPORATE AND PROFESSIONAL UPDATE DECEMBER 18, 2015 ST: Whether the activity of transportation services carrying employees of companies from specific points to the factory/establishment and back can be categorized under Tour… Read More
CORPORATE AND PROFESSIONAL UPDATE DECEMBER 17, 2015 FAQ on Company Law: Query: We have incorporated a Pvt Ltd Company on 29th October 2015. But since then no Board meeting has been held… Read More
Proposed GST Law Procedures & Compliances After a lot of deliberation, Govt. has finally unveiled the proposed common indirect tax regime- Goods and Services Tax (GST). Battered with a multiplicity… Read More
CORPORATE AND PROFESSIONAL UPDATE DECEMBER 16, 2015 CIT Vs. Shri Kapil Kumar Agarwal, I.T.A. No. 12 of 2015, Date of Decision: 04.11.2015, High Court of P & H Whether to… Read More
INDIAN AGENT PROCURING AD AIR TIME FOR NATIONAL GEOGRAPHIC & FOX CHANNEL HELD AS AGENCY PE OF FOREIGN CO NGC Network Asia LLC v. JDIT [Mumbai ITAT] ITA No. 7994… Read More
The bright-line test can’t be applied to determine the ALP of AMP expenses. Honda Siel Power Products Ltd. v. DCIT, Facts of the Case Assessee is engaged both in the… Read More
CORPORATE AND PROFESSIONAL UPDATE ON DIRECT TAXES The resultant profits and gains derived from or derived by an industrial undertaking because of the insurance subsidy have to be treated… Read More
Amended rules for submission of Form 15CA & 15CB Rule 37BB of the IT Rules amended w.e.f.1st April 2016 to bring Major Changes in the Requirements of Form 15CA &… Read More
CORPORATE AND PROFESSIONAL UPDATE ON INDIRECT TAXES Purchase of goods for use in works contract from other state - interstate movement of goods against Form-C - Denial of… Read More
CORPORATE AND PROFESSIONAL UPDATE ON COMPANY LAW In partial modification to the earlier order of the C.L.B., the Constitution of the Chennai Bench & Kolkata Bench of Company Law Boardhas… Read More