Month: January 2011
595 articlesIncome Tax

Income Tax
No Disallowance u/s. 14A of interest on borrowed funds if AO does not show nexus between borrowed funds and tax-free investment
Income Tax

Income Tax
Exception provided in both the provisos of s. 92C(2) with regard to the +/- 5 Percent variation applies only when more than one price is determined
Income Tax

Income Tax
Minor irregularities (non-production of vouchers) cannot be a ground for rejection of renewal of recognition of a charitable trust under section 80G
Income Tax

Income Tax
A computer software when put into a media and sold, it becomes goods like any other audio cassette
Income Tax

Income Tax
Payment for warding off competition in business even to a rival dealer will constitute capital expenditure and to hold them capital expenditure it is not necessary that non-compete fee is paid to create monopoly rights
Income Tax

Income Tax
When assessee makes a provision of interest in its account, in account of creditor, provisions of section 194A would be applicable
Income Tax

Income Tax
Holding period for purposes of computation of capital gain is relevant only in relation to shares held as investment
Corporate Law

Corporate Law
Insurance – Updating policyholders about change in network hospitals and TPAs
SEBI

SEBI
ADAG – No ban by Sebi; settlement terms voluntary
Income Tax

Income Tax
