Direct Tax: SC reverses HC's conclusion, allows assessee's claim for area-specific deduction u/s 80-IC in respect of its industrial undertaking… Read More
Direct Tax: Pune ITAT rejects Revenue’s plea for AY 2009-10 that deduction with respect to Research & Development (R&D) expenditure… Read More
corporate and professional updates 19th may 2018 Direct Tax: Madras HC directs the order u/s 201(1)/(1A) (for TDS default on payments to… Read More
CORPORATE AND PROFESSIONAL UPDATES 18TH MAY 2018 Direct Tax: Gujarat HC reverses ITAT order, holds that payment to education society… Read More
Direct Tax: Delhi HC sets aside ITAT order holding payment by airline company (assessee) for services under crew lease agreement… Read More
Corporate and Professional Updates 15th May 2018 Cochin ITAT denies exemption to assessee-trust for AY 2007-08 and AY 2009-10, rules… Read More
CORPORATE AND PROFESSIONAL UPDATES 12TH MAY 2018 Direct Tax: Bombay HC holds that expenditure incurred during AY 1986-87 for obtaining technical… Read More
If A Person Is Non-Resident In Both The States! Where to Tax the Income? Facts of the Case : Assessee… Read More
CORPORATE AND PROFESSIONAL UPDATES 8TH may 2018 Direct Tax: 40(a)(ia): The amendment to s. 40(a)(ia) by the Finance Act, 2010… Read More
Direct Tax: Delhi ITAT holds that services provided by US entity did not make available technical knowledge, skill, know-how etc… Read More