Direct Tax: Delhi HC upholds ITAT order, denies deduction u/s 37 to assessee-individual (a lawyer) for litigation/settlement expenses incurred in… Read More
CORPORATE AND PROFESSIONAL UPDATES 11TH JUNE 2018 Direct Tax: Delhi ITAT allows carry forward of business loss claimed by assessee-company… Read More
DIRECT TAX This is to update about Deduction benefit under section 35AC, the Government today said the benefit of deduction… Read More
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