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: 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
Direct Tax: Mumbai ITAT rules that assessee (a stock broking company) cannot be held liable to deduct TDS u/s 194A… Read More
CORPORATE AND PROFESSIONAL UPDATES 25TH MAY 2018 Direct Tax: Calcutta HC upholds ITAT order for AYs 2008-09 and 2009-10, rules that provision… 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
Direct Tax: ITAT rules on selection of comparables in respect of assessee rendering ITeS to AE for AY 2010-11; Follows… Read More