Day: December 25, 2010
15 articlesIncome Tax
Income Tax
Sale of a depreciable asset in respect of which depreciation was allowed to assessee should always be treated as short term capital gains by virtue of operations of sections 50, 50A and 50B
Income Tax
Income Tax
It is not necessary that for claiming deduction on account of foreign travel expenses, there has to be some business activity of assessee in foreign countries
Income Tax
Income Tax
Mere occupancy right under leave & licence agreement not sufficient to attract Explanation 1 of section 32(1)
Income Tax
Income Tax
Promotion of real estate venture by Airlines in air is taxable as Business Auxiliary Service
Income Tax
Income Tax
It is mandatory for assessee, to follow one of prescribed methods and demonstrate that international transactions, entered into by it, with an associated enterprise, are at Arms Length Price
Income Tax
Income Tax
Section 115JB is not designed to be applicable to a foreign company, who has no presence or PE in India
Income Tax
Income Tax
Indo-Singapore DTAA – Mere existence of a PE in India cannot lead to a conclusion that royalties arise in India
Finance
Finance
IIFCL to guarantee infrastructure companies bond issues under new offering
Income Tax
Income Tax
Cong leader demands Income Tax scrutiny of companies’ signing MOU with Gujrat government
Income Tax
Income Tax
I-T Search- l Engineering Company admits to concealing Rs 200 crore
Fema / RBI
Fema / RBI
RBI to banks – Don't give loans beyond 80 Percent of home value
Finance
Finance
Indian Economy resilient to both External and Domestic Shocks but still faces many challenges
Corporate Law
Corporate Law
Madras HC rules that disputes on ESI coverage should be referred to ESI court only
Service Tax
Service Tax
