Direct Tax: AAR holds that the non-compete fee received by Applicant [Holding company of Mcmillan Group (a leading publisher) and… Read More
Direct Tax: Mumbai ITAT rules that consideration received by assessee (a Dutch company, part of the Marriott group) for the… Read More
Direct Tax: Mumbai ITAT grants Sec. 10B benefit to assessee (a pharma company) on export profits earned by its contract manufacturing… Read More
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: 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