Direct Tax: ITAT rules on selection of comparables in respect of assessee rendering ITeS to AE for AY 2010-11; Follows… 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
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
GST Council today in its 27 meeting approved principles for filing of new return design based on the recommendations of… 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
Direct Tax: Andhra Pradesh HC confirms ITAT order, holds that allowances paid to employees deputed to UK by assessee (software… Read More
Direct Tax: It is a fundamental rule of law of taxation that, unless otherwise expressly provided, income cannot… Read More
Direct Tax: 68 Bogus loans: The assessee is not required to explain the "source of source" prior to insertion of… Read More
Direct Tax: Bombay High Court held that income in respect of sale of flats by assessee, a builder and developer… Read More
Direct Tax: ITAT Hyderabad held that Deduction u/s. 80C allowable on Principal Loan payment for residential flat irrespective of its… Read More