Day: July 29, 2012
15 articlesIncome Tax

Income Tax
Proportionate Interest on amount transferred to group concerns without commercial expediency not allowable
Income Tax

Income Tax
In cases where principle of mutuality applicable, registration u/s. 12AA cannot be cancelled simply by relying on first proviso to S. 2(15)
Income Tax

Income Tax
HC may sanction non tax neutral demerger
Income Tax

Income Tax
I-T Dept detects undisclosed income of Rs. 565 crore
Income Tax

Income Tax
Amendment to DTAA can’t be given retrospective effect unilaterally
Income Tax

Income Tax
TDS on transport charges deductible u/s. 194C not 194I
Income Tax

Income Tax
Voluntary Retirement -Allowability of exemption u/s 10(10C) & rebate u/s 89
Income Tax

Income Tax
Penalty for concealment of income cannot be imposed for Mere disallowance of expenses
Income Tax

Income Tax
Interest Paid on loan advanced to related concerns for business purpose allowable
Income Tax

Income Tax
ITAT allows Deduction u/s.80IB(10) on partially complete project
Income Tax

Income Tax
TDS on Payment to Google Ireland Ltd. for banner advertisement?
Income Tax

Income Tax
RBI Norms cannot override Income Tax Provisions
Income Tax

Income Tax
GAAR Is Extraordinarily Broad & too Vague – USCIB
Income Tax

Income Tax
