CORPORATE AND PROFESSIONAL UPDATE MARCH 25, 2017
Professional Update For the Day: Direct Tax: Advertisement expenses incurred to publicize change of name from UTI bank to Axis Bank allowable as revenue exp. [2017] 79 187 (Ahmedabad – Trib.) Sum paid for right to use software without any copyright won’t fall within the purview of royalty.[2017] 79 206 (Kolkata – Trib.) Payment made by assessee to …