Direct Tax: Mumbai ITAT rejects applicability of TDS u/s 195 on payment of advertisement expenses and professional and consultancy fees… Read More
Direct Tax: AAR rules that the Liaison office (‘LO’) of the Applicant (International Zinc Association, a Belgium based International Non-Pro fit Association)… Read More
Direct Tax: Cochin ITAT rejects assessee’s (a software company) stand that payment to its sister concern (‘USTIPL’) under the sub-contracting agreement amounts… Read More
Direct Tax: Jaipur ITAT deletes disallowance u/s 40A(3) with respect to cash payment made by assessee-firm (engaged in real estate… Read More
Direct Tax: Delhi ITAT rules that the wholly owned Indian subsidiary of Daikin Industries Ltd. (assessee, a Japanese company), constitutes… Read More
CORPORATE AND PROFESSIONAL UPDATES 29TH MAY 2018 DIRECT TAX SC dismisses Revenue’s SLP against Rajasthan HC judgment in case of… Read More
ICAI – CPE hours Requirements The ICAI (Institute of Chartered Accountants of India) requires its members to comply with Continuing… Read More
Direct Tax: Mumbai ITAT rules that assessee (a stock broking company) cannot be held liable to deduct TDS u/s 194A… Read More
CORPORATE AND PROFESSIONAL UPDATES 25TH MAY 2018 Direct Tax: Calcutta HC upholds ITAT order for AYs 2008-09 and 2009-10, rules that provision… Read More
Direct Tax: ITAT Delhi held that addition cannot be made for mere non- production of Directors and non- furnishing of… Read More