Day: January 4, 2010
18 articlesIncome Tax
Income Tax
Determination of ALP of an international transaction
Income Tax
Income Tax
In penalty proceedings, assessee can always show that finding recorded in quantum proceedings is neither reliable nor sufficient to impose penalty
Income Tax
Income Tax
Any company whose principal business is banking or granting of loans and advances will not be attracted by explanation to section 73 of the IT Act, 1961
Income Tax
Income Tax
Expenditure claimed as revenue in nature is allowable U/s. 37(1) not U/s. 35AB of the Income Tax Act, 1961
Income Tax
Income Tax
Live payment nexus in routing of income between employer and expatriate personnel must be established so as to attract section 163(1)(c) of Income tax Act, 1961
Income Tax
Income Tax
Section 92 of Income Tax Act,1961 not applicable to advertisement expenditure incurred by assessee, a wholly owned subsidiary of an American restaurant company in India
Income Tax
Income Tax
An order can’t be treated erroneous simply because Assessing officer in his order not made elaborate discussion with reference to his satisfaction
Income Tax
Income Tax
Section 176(3A) applicable only when there is a discontinuance of business
Finance
Finance
New Decade of Auto Sector
Income Tax
Income Tax
The assessing authority cannot act on the dictates of the Commissioner to reopen the concluded assessment
Income Tax
Income Tax
Section 194A of the Income-tax Act, 1961- Deduction of tax at source – Interest other than interest on securities – Notified institution
Finance
Finance
Property in Maharashtra just got more expensive as government increased market value of real estate by 10-20 per cent in its Ready Reckoner 2010
Income Tax
Income Tax
Change of method of accounting of overdue charges from mercantile basis to cash system does not create any income
Income Tax
Income Tax
