corporate and professional updates 12th APRIL 2018 Direct Tax: CBDT made the Income-tax (Third Amendment) Rules, 2018 to further amend the Income-tax… Read More
Tax incidence on an Assessee depends on his Residential status. For instance, whether an income, accrued to an individual outside… Read More
Direct Tax: CBDT notified the Procedure for registration and submission of Statement of Reportable Account as per section 285BA of Income-tax… Read More
Direct Tax: Madras High Court held that the main criteria for treating a person as the Principal Officer is that… Read More
Corporate and Professional Updates 7th April 2018 Direct Tax: ITAT deletes TP-adjustment of Rs. 339.17 crores in respect of receipt… Read More
corporate and professional updates 6th April 2018 Direct Tax: ITAT directs application of TNMM over TPO/DRP’s CUP-method for benchmarking assessee’s… Read More
Maintenance of Books of Accounts Change in limits for Maintenance of Books of Accounts (Section 44AA): If your net income*… Read More
Corporate and Professional Updates 5th April 2018 Direct Tax: SC dismisses Revenue’s SLP against Delhi HC judgement allowing Sec. 80HHE… Read More
Direct Tax: ITAT, allows assessee’s miscellaneous petition for AY 2010-11, deletes direction given to TPO to bring in more comparables… Read More
Direct Tax: Allahabad High Court held that Goods can not be seized for mere transport after one week from… Read More