CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 16,2016
CORPORATE AND PROFESSIONAL UPDATE DATED MARCH 16,2016 DIRECT TAX Income Tax: Disallowance of Privilege fee paid u/s 40(a)(ii) or (iib) – sharing of revenue with the state – The privilege fee payable by the petitioner to the State Government would be taxable with effect from 1.4.2014 and not prior thereto – HC An Income Tax: Adoption of …